Eric Cecere
Is this mobile home park a deal or dud?
Hello BP Community My partner and I are interested in purchasing a mobile home and RV park directly from a small owner who is located in a rural part of Central Florida. The park should make money but we just have di...
Mark Oviatt
Starting Private Fund where I lend to small builders-HELP
Hi BP, I'm looking to start a private equity fund where I intend to take accredited investors money and lend bridge/construction loan to small/mid sized single family builders. 1.As I stated before, i will only use ac...
Stephen Durante
Will a license interfere with a FHA loan?
Hi all, I've been researching a few different options to start off my portfolio. I eventually came down to the decision of using a FHA loan to obtain a 2-4 unit(3) building. I have also considered going to get my real...
Tarcizio Goncalves
Seller Financing ideas and tips
Hi BP community,
Going to be putting together a seller financing contract between the seller and myself and was hoping if someone could give me some pointers on what do include and not to include in the contract. sel...
John Haelig
Depreciation Basis for Condo Bought With Vacant Land 1031
We purchased vacant land in the 1970's for $70,000. Sold it in 2018 for $720,000 and 1031 exchanged for 3 condos now used as rentals.Since the sold property was vacant and never depreciated - what is the cost basis a...
Mario Am
Thought about this Area in Memphis
For all Memphis experts out there, any thoughts about this area?TIA
Sanjeev Advani
Navigating the Surge in U.S. Commercial Property Loans: Strategies for 2024
Introduction to the Surge: The U.S. commercial real estate market is at a pivotal juncture with an unprecedented $929 billion in property loans coming due. This introduction sets the stage, explaining the magnitude of...
Samuel Lynch
Some things you want to know before investing passively in multifamily
Step 1: Evaluate the Sponsor Team - Your Pilots:
Just as the pilot is crucial for a safe and efficient flight, the sponsorship team plays a vital role in your investment journey. A great deal can crumble with a bad...
Zach Shafer
how to make an offer 'sweeter' for Fannie Mae
Was hoping for some input from someone who has a close relationship with FM.
Situation:
We know of a house that has been foreclosed on that my wife and I are interested in purchasing as a primary residence.
It is...
Adam Harward
Need help with strategy buying from older Sellers
I'm looking into purchasing a couple of multi-family properties from some older Sellers. They are getting older and are having a hard time maintaining the properties. My question is:- Their concern is selling the ...