Hi All,I've been on the sidelines watching the game for far too long. I started out as an electrician apprentice so I never had the capital, I tried to do my own multi-family FHA and got scammed out of all the little ...
Dear Fellow Landlords,I just placed a new tenant into my freshly rehabbed 2 bedroom apartment which is part of a 4plex. As I'm new, I feel like I screened her thoroughly and she came back good on all the checks I made...
Good afternoon BP, My question is I am having a difficult time getting funding to do rehab deals. I've attended my local REIA for the last two years and cultivated a small network of private money lenders. I was ...
Hi Everyone,This will be my first post and I was wondering if all the veterans could help this newbie out. I'm currently reading J Scott's book on flipping homes and I came across a section where it recommends looking...
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
If private lending (immediate network of family/close friends) isn't an option, would the next step be a hard money lender? I only need it for the 20% down payment, not to finance the full asset, an 8 unit apt. Is i...
[quote = Bill Patterson]I actually think it goes quite well in "Investor Psychology". It seems that it has received a lot of back and forth and it has opened the door for the expression of investor psychology that see...
I just sold my most recent purchase and plan on starting to look for another property. I'm sending direct mail to multi-family owners with equity but in addition to that I figure it doesnt hurt to put an add on craigs...
Can someone provide me with a formula or something to tell me if im over leveraged?
Hello everyone,For anyone that doesn't know me, I'm an agent/investor in the Central Orlando area. A lot of people have been asking how my latest flip turned out so I thought I would share it with all of you.Picked u...