Scott Smith
Opportunity Zones Investing
I was not sure where to post this. Is anyone investing in Opportunity Zones either directly or through a platform? If so, what strategies are people working on, and if you are using a platform, which platform is loo...
Bob Lowry
Rental Rates
I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
Richard Roberts
Do lenders get greater incentives for certain types of loans?
I spoke with a Quicken Loan lender just to get a quick estimate of what kind of price range I was looking at for my first REI (also first home purchase). The lender stated that the best route for me was an FHA loan. W...
Nick Apada
After Foreclosure Auction of First Loan-HOA asks for payment...
This is a FLORIDA related question. I usually stick to SFR's but now with the thinning inventory, I started getting into some condos. Recently I bought a unit on the county auction. It was the first note (no junior se...
Shetal Gandhi
Struggling to find my first deal
We are new at this and struggling to find our first house to flip. Everything seems like there isnt enough returned based on the amount of work needed.
I think im in need of a good wholesaler or birddog to keep feed...
Marcus Maloney
Structuring a Lease Option to Wholesale
I am working on structuring 2 lease option agreements to wholesale. I have the title company in place that is willing to conduct the transactions for me and the escrow officer has done numerous lease option transactio...
David Moore
Structure a Private Money deal
What is a typical way of structuring a private loan for a flip, specifically on the repayment side? I am the borrower and want to approach some individuals I know about investing with me. I want to be ready to la...
N/A N/A
Investing Advice
Hi everybody. If anybody could point me to the right direction it will be greatly appreciated. I'm a 20-year-old male who is interested in REI. I have the startup money, but I’m wondering what should I do to start? I'...
Nick G.
First letters finally done!!!!
Hey Everyone,
It took longer than I expected, but my first batch of yellow letters are finally done.
I will be mailing Saturday, so people will receive early next week.
For the first batch we used...
Bala Krishnan
Commercial Loan Terms Discussion
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...