Bruce Clark
Suggestions for deal/partnership with contractor
I picked up a house at a tax sale for $1,500. It is a small 2 bed/1.5 bath. The owner before me was renovating but then just walked away from it. The house has a new roof, new windows, and new drywall in the living ro...
Dan Falcon
FAYETTEVILLE NC SECOND BRRRR DEAL WITH PICTURES & NUMBERS!
Hi there, hope all of you doing BRRRR find this useful! This property is located on Dumfries Drive in Fayetteville NC. The home is a 3/2. I included a few before and afters. Unfortunately I financed at 5.25% right bef...
Amy Webber
Advice Requested: Reasonable offer to buy out our own note?
Hello,A seller provided owner-financing for a portion of a recent purchase of 3 duplexes about 6 weeks ago. The seller recently mentioned that they were looking into selling the note rather than waiting for the balloo...
Miles Warren
Partnership agreement between Investor and "contractor"
Hello,I was contacted by a friend who wants to invest in flipping houses and me to do the work. He would basically be a silent investor, I would put together a bid to get the work done and pick and choose the work i w...
Philip Bashaw
How do I determine an ARV on a small apartment building?
Hello BP Family!I found an apartment building in Atlanta that hasn't been updated in forever...if ever. It needs a lot of work, inside and out and I want to make a reasonable low offer on it and don't really know how ...
Jared K.
Yard Sale leads...what? Where have you gotten leads rarely discussed??
For as long as I can remember I have kept contracts in my vehicle b/c you never know when your gonna need one!! I have heard about people seeing someone stick a for sale sign in the yard while they were driving down t...
Jared Hockensmith
Starting out with my first brrrr rental
Hello everyone! So my goal for 2021 is to get my first investment property and I’m looking to use the brrrr strategy to start out. I’m a student still in school, I work full-time but it’s 1099 income, not W2. (And hou...
Weis Sherdel
Should I buy in Philly?
I am looking to buy and hold a SFR in neighborhood of $60-$80K with CAP rates of 9%+. Philly interests me because it offers those numbers and it's only 2 hours drive from me (I live in DC). However, I am hearing mixe...
Filkins Susan
GREAT Credit - No Money - But I Need Rehab Loan
Hi again :)
Here is my original thread about the property I'd like to discuss:
http://forums.biggerpockets.com/viewtopic.php?t=10328
We now have a purchase offer in on this property, and must make an application wi...
Gary McKissick
Using Family Members for loans
Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...