We are putting together 2nd position funding for a project. We have 3 people that are willing to lend a portion.
My understanding is that the cleanest way to do this is create an LLC where each person's ownership pe...
Finally found a property on which I made an offer, and now having second thoughts about some of the assumptions made. The biggest of which is being able to rent out each room in a 3/3 condo to three different tenants ...
Hi, I am investing in the Buffalo area and I am looking at a waterfront properties in the finger lakes. Has anyone invested in vacation homes in this area? I need to better understand the numbers (how many weeks a yea...
Hello BP!
We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them were built in t...
I am in the business of rehab and flip. My main source is MLS (MRIS). My wife is a real estate agent. Currently I am facing very high competition in MLS basically any property I go for is on the contract or have multi...
Hello everyone ! First of all, Thanks in advance for reading, replying and interacting with my post. I have been ''lurking'' around BP for a while now and finally decided to jump in (Sign up) and join everyone. There ...
Looking for some guidelines and/or suggestions for equity sharing based on partners contributing to real estate transaction. Partners could be: 1) credit partners 2) cash partners 3)Bird Dogs, 4)Investors etc
For bot...
I've read many posts here and via Google about losing out on a house due to "multiple offers". As someone who comes from a software/data background, I simply to do not believe that multiple offers "just happen" on hom...
4 members of our family would like to invest in 4 rental properties using leverage (mortgage). For this reason I think an LLC or legal entity is going to be a challenge and we would like the tax benefits of individual...
I have 4 units with a shared yard. I inherited 2 tenants with dogs(total of 7 dogs). They both have year leases that I also inherited. The leases don't have a pet clause or anything about the consequences of not picki...