Grin Alan
Funding for Hard Money Loan Down Payment
27 March 2018 | 2 replies
If your business entity has a history of cash flow you could look at getting a business life of credit is another idea.A creative thought is maybe ask the seller for a concession and have them seller finance the down payment for you that way you are creating some extra money for them as well as granting them some extra income that they would be losing from the sale of the property.
Simon J.
Need advice on getting loan
27 March 2018 | 2 replies
Need advice on what is the best route to go forward.My situation:I currently have 2 properties fully paid off worth around $300,000 in a real estate corporation that I created around a year ago and am thinking about financing these 2 properties to get a loan from the bank in order to buy another property.
Nathan Goodlove
Newbie question on forming an LLC
2 April 2018 | 5 replies
So we create a new LLC, after we have 4 properties.
Steve Boianelli
Creating a partnership agreement
27 March 2018 | 0 replies
Hey BP world. I'm getting into another deal however this time it's with partners. I reached out to my RE attorney who suggested I contact a law firm that deals specifically with partnership agreements. I'm looking for...
James Myers
Partnering with vacant home owner
3 May 2018 | 2 replies
Has anyone ever created a partnership with a vacant home owner where owner retains ownership of the property and the other person (me) acts as a property manager for renting and they split the profits.
Nate Si
What are typical response rates in high income areas?
19 April 2018 | 8 replies
Absentee works... driving for dollars and creating your own list.I am in San Diego, it works here, though it works best at median home prices or just under.
Daniel Burbol
I want to lend money and create a 2nd on RE property... but how?
30 March 2018 | 6 replies
I lend them money and create a note that is secured to the real estate.The money is for repairs on the RE property itself.
Jake Penny
Hello everyone!!!! I’m new to bigger pockets!
28 March 2018 | 1 reply
I also have a huge passion for helping and teaching others the knowledge that I have got in the past two years to help people like me get into real estate and start to create financial freedom.
Ayman Elmasik
Houston flood home that would not sell - exit strategy ALF
7 January 2019 | 10 replies
Hello,I have a house that was flooded in Harvey (Aug. 2017) for the first time (to my knowledge as I bought it from a wholesaler with no disclosure) .The house is one story with three bedrooms (one of them is a master suite) with a very reasonable living space and backyard.I rehabbed the house and it looks great now, ....nobody would buy it :0(The house is near the medical center in Houston (in a subdivision called parkwest near Westbury) If I rent it it will create a -ve cash flow of about $300I'm thinking to turn it into Senior independent living but it seems to be very complicated strategy with the best yield.Any experience in doing this in Houston would e appreciated?
David Wolf
Diary: MLS Buy W/Hard Money Into Rent & Refinance Project
13 December 2018 | 6 replies
My goal here is to create a golden thread that a beginner can follow to get to a solid rental investment that puts cashflow in the pocket and with an added element of a little fixing up, the potential to complete cash out and do again with the same money every six months.