Hello, fellow private lenders:
How do you treat the profit split at the back end? My broker said it would be treated as interest income. That means I have to pay additional 3.8% net investment income this year. If I ...
I have a tenant that lived at one of my apartments for 2 years. She was a single parent working a job and going to school. She struggled to pay her rent on time. She would get financial support for her schooling. She ...
How does one arrange financing for buying foreclosed/pre-foreclosure properties that are being auctioned? I always assumed you needed cash on hand, but can they be bought with some kind of mortgage?
Has anybody run into a property with a Covenant on it? How does one go about researching what this entails? I found a property that seems like a good deal but this is not something I want to get burned on because I di...
Hello BP - I've been trying to find a good portfolio lender for rental property acquisitions. I've talked to many national portfolio lenders (included the recommended vendors on BP), they either have super high intere...
Hello everyone, I would like to have a FHA loan for my first investment property and put down 3.5% as down payment. even though I don't have a two year work history, I have 6 months of great bank statements. Making 10...
HI All,I am considering investing in a MFH syndication with a proven operator doing a value-add project. My initial thought is whether I like the way they structure investor returns. They have an 8% preferred return ...
hey, I have another real estate investment video other than BP a chance and it was on wholesaling probates. This guy talked for an hour and a half and explained nothing but why wholesaling is awesome and how awesome ...
Howdy,Been running a lot of numbers in the past few days. I found some advice that the back-end debt-to-income ratio should be under 36% for lenders to be happy. (Some mentioned 45%.) Great!I figured out a way to do t...
We are super excited and in the process of purchasing a home to turn into residential assisted living space which our community desperately needs. We found the correct home, now trying to work the deal/paperwork for t...