Ryan D.
How would you fund the debt on this deal?
I've got an opportunity to buy eight 4-plex buildings (all in the same development, but not right next to each-other) for ~$2.1M. I've talked to commercial lenders and they wont do it. Its time consuming and messy to ...
Luka Milicevic
401k, IRA, Roth IRA and other retirement stuffs
Was hoping someone familiar with the matter could shed some light on the matter.I'm 30 years old now. I will have the option of retiring in 5-7 years. I probably wont, but I will have the option. I've invested all my ...
Lanny K.
Seeking Advice for my 1st Multifamily Syndication Deal
Hi BP,I'm reviewing my first multifamily syndication investment for myself and a few of my investor friends, and want to ensure I properly assess this deal and fully understand the risks.If you've done a deal like thi...
Lillian Shi
Obtain a mortgage while you have a recorded payroll tax lien
Just got the prelim title search for a property, the owner has a recorded federal tax lien on early June 2007, that lien is attached to his property, around $110k and he obtain a mortgage by refinance his property( pr...
Reese Davis
How do you sell a house that has 2 mortgages on it??
So my fiance's dad passed away a few months ago and left the house to her and her brother. They want to sell it but there's 2 mortgages on the house. I believe there's $60K owed total, would have to double check that....
Rich Jordan
Refi + 1031 Exchange: How is it treated?
CPAs of BP,If I cash-out refinance one of my apartment buildings in, say, year 2......does that change my basis if I attempt to 1031 Exchange down the road, say, in year 4?If not, am I expected to come up with that eq...
Hugh Wagner
I've got a hard money deal lined up
I've got an investor that would like to take a 125K hard money loan from me. This is my first time doing a hard money loan. Is there a check list or something that people commonly use before giving a loan to be sure t...
Valentina Bizeta
Financing owner-occupied first multifamily deal
Hello BP family!
My first post ever!! So be patient with me
I am brand new, no experience, to the real estate investment scene and hoping to get some knowledge from you, nice people, about financing my first house h...
Ryan Vienneau
Attention flippers: Need liability advice, conflicting opinions
Looking for some advice from any flippers in New York. I'm planning to do some flips this year for the first time in the Albany NY area, I'm in the process of forming the company right now, meeting with CPA's, lawyer...
Mariah Jeffery
85% LTV Financing for apartment building?
I'm interested in purchasing an apartment building for about $1.1M. I have enough cash to put 15% down. Are lenders doing 85% LTV commercial mortgages these days? If so, will it be an 75% and a 10%? Will the rate be h...