Wendy Busa
Would you private lend on Subject to?
2 questions, I have an investor that I have loaned money to in the past and he is doing a subject to. The comps look good, the LTV for ARV is 76%, the bank has the primary lien, so this would 2nd lien position. 1. Is ...
Robert Hernandez
Inherited tenant leaves one month in, advice?
Bought a quadplex in c class area last month. One of the tenant who have been there for 5 months did not pay rent and is in the process of eviction I talked to my PM. I am house hacking the place so I went to talk to ...
Eric Hamilton
getting a small business loan to fund money down on conventional loans
Hi my name is Eric Hamilton. I live in the Denver metro area. I had a question regarding small business loans for funding the down payment to get conventional financing. I had read some literature a while back abou...
Michael Martin
HELP ON A DEAL
HI MY NAME IS MICHAEL I CANT GET MY PHOTO TO LOAD,BUT ANYWAYS THE QUESTION I HAVE IS I FOUND A PROPERTY THE OWNER IS WILLING TO SELL IT TO ME FOR 60,000 ITS ARV IS 140K I PUT IN A LOAN REQUEST IM WAITING TO SEE IF IT ...
Brandon Busam
Creative Financing for Purchasing 2 LLCS and 19 Properties
Hello,I have found an investor who is willing to sell his portfolio to me. He has 19 properties (18 single family and 1 multifamily with 3 units) in the state of Ohio. I currently only have 1 rental and my personal...
Maxwell Lee
How to create a partnership the right way?
Hello BP,I am looking to get into a partnership with a friend of mine as we start our RE journey. We are looking to buy a rental property together. We understand that this partnership will end some day whether we se...
James Allega
NNN Lease - Partner Split Ideas
Hey Everyone, I am working through some ideas on structuring a purchase of a commercial office property with Fee simple interest NNN Lease, A rated tenant. Anticipating 30%-40% down payment. Cap rate is 7% with 10 yea...
Ed Maione
Structuring Ownership when Another Person Holds the Mortgage?
Hi All - I am in a situation where I have a lot of cash available to invest but am tapped out for financing. I know many investors choose to partner with bankable friends / relatives which would work perfectly in my c...
Ken Connors
Assignment Agreement Earnest Money
First wholesale deal question.I've got a property under contract with a $100 earnest money deposit. I've got a buyer ready to sign an assignment agreement. I want to make sure this buyer puts down some earnest money...
Beth Denton
Tenants being harassed by neighbors.
I have related neighbors on either side of my rental that hope by constant harassment to be able to own my property so they can remove the house enlarging their yards. They have actually admitted to this scheme. ...