Ann Marie Sutter
Looking to invest in MFP in greater Sacramento Area
Hello,I am soon moving to the Sacramento area and I am looking to use my VA loan to buy a multi-family property (preferably 3-4 units) in the July-August time frame. I intend to home hack for at least the first year. ...
Will Barnard
Wholesale Buyers and Lenders Beware!!
Attention all wholesale buyers and lenders across the country:I want to share with you a recent incident I am aware of and the fact that this scam is becoming more and more common.I recently was given a wholesale deal...
Rigo V.
Partnerships- The good and the bad
My friend and I are considering forming a partnership to begin buying MFH buy and hold.He has the cash and I have the credit (He isn't bankable, he just finished grad school and is looking for a job. The cash is from ...
Preston Patterson
Help Me Structure Partnership Agreement. Im bringing $15k Cash.
Hey everybody,
So my father and I are looking to go into a partnership to purchase my first MFR property. I am bringing $15k cash to the deal. My father is bringing $65k cash as a hard money investor. The occupied 2...
David Tropea
Transition from LTR to MTR
I currently own a single family residence in West Bradenton Florida. Immediately after purchase, I placed an annual renter in it. Things have been excellent but as we are nearing the end of the lease agreement I feel ...
Ryan Daigle
Assuming a loan, split closing?
Hi BP,I'm close to executing a deal for an off market property that seems to be rather complex, so I'd love a second set of eyes to make sure I'm not unnecessarily exposing myself to risk.Here's the deal: I'm purchasi...
Jerry LoCoco
Limited Partnership Agreement
Hello BP Pro Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will n...
Kyle Moore
Financing Second Airbnb House Hack
Hello all,I am currently “house hacking” a single family residence with Airbnb. I rent out 4 rooms while living in the 5th bedroom in a separate suite. This produces significant cash flow each month and I am living in...
Patrick Schmidtlein
Cash Out Refinance in LLC with Private Money Lender - Can I draw my equity out
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
Lee Liberman
buying in your own name (not an llc)
Situation:My brother owns a rental and I own a rental in our personal names prior to us looking to invest as partners.We purchased our first house together (house 3) in an LLC with both our names attached to the LLC a...