Jan Brumec
Secured Promissory Note
Hi everyone,I am experiencing issues on a lending transaction that I am trying to put together with a friend of mine that is a citizen and resident of Italy.It would be a promissory note: 12-months 9% interest only p...
Kolby Kruse
LLC or Series LLC? Which is better?
Hello, I am currently in the process of putting together a partnership with two other individuals. We are going to start with fix-and-flips and also buy and holds. My question is, which entity is better for our needs?...
Glenn Cross
New Investor Introduction
Good evening everyone, my name is Glenn and I am new to BP. I am starting out as a small multi-family investor in the Boston area. My goal is to own ten 3 or 4 family properties for LT hold in the Dorchester or Jamaic...
Tiffany Griggs
Little to no seasoning
Hello, We are in the middle of finishing our BRRRR and am in need of a mortgage contact that would refinance our cash property (small multifamily) in Cleveland, OH. We will close in 2 weeks time, but already looking...
Ryan O'Neill
Zoning Variance (minimum front setback)?
Anybody gone through the process of applying for a zoning variance in Atlanta? Would appreciate any tips or advice on the process.I have a property in O4W that currently has a non-conforming building on it from like 1...
Account Closed
First Apartment deal
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...
Jared Comeau
ITIN Setup Fee Question
My partners and I are in the process of setting up our legal structures and are curious if an ITIN is an inital setup fee, or an annual fee?
Jay Mitiguy
Foreclosure in probate
Hey there BP,I'm actively pursuing a property that is in probate but the bank has begun the foreclosure process as the previous owner passed shortly after not paying her mortgage and taxes for nearly 10 months. My que...
Denis Clijsters
Due-Diligence of 40+ complexes
Hi Everyone,We're in the process of a 44-plex deal, however we have time as neither the seller nor the investors are drumming. I want to make sure all steps of the Due-Diligence are performed well with all experience ...
Ashton Fry
Pre-Foreclosure Deal Structure Advice
Pre-Foreclosure property. Seller is behind $24K and the Bank states buy out is $491K. Seller purchased home for 340K in 2005 so that buy out seems very high. Monthly payment is currently $1700. Property value is estim...