John Oliver Mendoza
Intro & Question - How to switch primary residence into a rental?
Hello BP community! My name is John Oliver Mendoza and I'm a 24 year old software engineer in San Diego looking to get into REI. My family has lived in section-8 housing for the past 12 years and last year I was able ...
Cody McGonigal
Forming a Partnership
Hello BP community,I am forming a 50/50 partnership with a fellow investor. We plan to enter the multifamily space, purchasing properties with 8+ units with the potential to add value and attract higher quality tenant...
Gabriel Galarza
Can a RE Agent list a home if it’s still under contract?
My wife and I were the buyers in this case. We’ve placed a home under contract later to find out that it’s not a good fit for us. We made the decision to not purchase the home during our due diligence period. Our Agen...
Gaurav Mehta
What is preferred Capital and how is it different from Debt
Hi,Can someone help me understand what is the difference between Preferred Capital and Debt when it comes to Real Estate. I understand debt being a loan that you have to pay over time.What is Preferred Capital. Couldn...
Lincoln Tudor
Need Mortgage Broker that does lease options in TX
I'm doing a lease option deal in Mckinney TX and I need a local Mortgage Broker that works with tenant/buyers. I'm looking to do a rent-to-own deal with tenant/buyers and will also want to partner with local credit re...
Anthony Stancato
Financing for Rental Property Using Projected Future Income
I’m trying to find some options for getting a mortgage on a rental property. I was reading an article that stated:“An appraiser can create a rented income schedule to show what the property will typically rent for,” D...
TJ Lawson
First deal Jitters- splitting up equity
I am in the process of completing my first real-estate deal!! I know… exciting right?
I am partnering up with my parents on this first one. They have agreed to split the Down payment, closing costs, and any up-fro...
Eddie Starr
If you were to buy NPNs from a broker…
I'm currently doing research, so guidance is helpful. I'm looking for some advise: what you would like the broker to provide, for due diligence. What I would do is provide the tape from the financial institute, and th...
Clint Votruba
Dividing 1 PIN Number for 1 PIN number for two (2) condo units
Condo was purchased from Developer in mid 2021.
Renovated building into two condo units with only one (1) PIN Tax ID number.
It was expected that the City and / or Developer would take the required steps to divide t...
Fernando Roman Romero
Single Family Homes with tenants already in place
I'm new to investing and looking to buy my first rental property in Lubbock, Texas east of I27. Some homes I'm looking at already have tenants in place for the rest of the year or longer. I'm curious to the pros and c...