Kwamena Odum
Are there lenders willing to be second on rehab loans
3 March 2015 | 4 replies
Hello Michael,I am interested and willing to re-write this into a partnership.
Nick Stango
Funding your first deal
17 November 2019 | 21 replies
When I looked at the return on what I was getting vs the work put in I could not pull the trigger.
Max Miller
Newbie from Los Angeles, Ca
10 March 2015 | 13 replies
I've been meaning to get involved in real estate investing for some time now, but just never pulled the trigger.
Nick Stango
I refinanced my existing home, finally! Long story
3 March 2015 | 1 reply
If you can put equity into a deal, you will be in a much stronger position for a partnership.
Edgar Collado
Equity agrement with real estate broker?
3 March 2015 | 2 replies
A real estate broker recently offered my partner to send deals our way for a 20% partnership interest in the deal.
Shack R.
Tax Implications - First 2-Family Rental Property
4 March 2015 | 0 replies
There are differing legal opinions as to whether the deed transfer triggers a “Due on Sale” clause which could void the mortgage, but in practice I have never seen this happen.I've also had people tell me: "As long as you do not transfer beneficial interest in the property, the due on sale clause does not get triggered.
Brendan Spaar
Want advice before getting in too far.
4 March 2015 | 3 replies
Definitely need to build outs in the contract so if it doesn't work you can get out quick.You need a business attorney to draft the partnership agreement etc. and also do the lease so you are protected.You will need to spend money upfront to protect your interest down the road and reduce damages.No legal advice given.
Dan Hatch
New to forum
5 March 2015 | 2 replies
Welcome aboard Dan Hatch I haven't pulled the trigger yet but I to feel that multi families are the way to go.
Ryan Agustin
Refinancing 30 unit property in Georgia
5 March 2015 | 4 replies
If anything, the lessons here is 1) make sure your partnerships meet the desirable credit score, 2) make sure you meet requirements for B2R Financing, but still a great tool to use when refinancing your property.
Christian Vanderwall
New member living in San Francisco
5 March 2015 | 7 replies
Might make you rich ;)I majored in Econ w/ a minor in Business, and after pulling the trigger on my first property in 2012, built a $mil portfolio by 30 yrs old in less than 2 years basically from NOTHING.