Nick Gerli
Top Rent Growth Markets - Not What You Think!
Many rental markets did well in 2020 despite the headwinds of a recession and pandemic. The graph below charts the markets that performed the best in terms of rent growth. They're a surprising list to say the least!
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Shiloh Lundahl
Which NOTES have MORE RISK?
Like most investments, note investing can also be very active or very passive, depending on whether the note is performing or non-performing.For note investors, which investments in your opinion have more risk and why...
Account Closed
What was your first note deal?
Hello everyone!This is my first post on BP and just want to first thank everyone in the community for the helpful information and encouragement they have provided, particularly to those of us just starting our real es...
David Dorleans
Cash-Out Refinance Transactions - Delayed Financing Exception
Trying to understand this fannie rule (https://www.fanniemae.com/content/guide/selling/b2...) If I use a hard or private lender, can I perform delayed financing? Or is that only available when I pay in cash.Thanks.
Jeremy Anan
Wholesaler Changing Purchase Price
Hello BP - Need your input here.We went under contract on a property in Baltimore about 20 days ago (06-22-2020). The closing date was set for July 17. It is a wholesale deal. Both the owner and wholesaler signed the ...
Mark Welp
2nd Liens, BPO, and Equity
Hello,I am in the due diligence phase of buying a performing 2nd lien note. The homeowner has been in the property for 15+ years and is current on the 1st and 2nd mortgage, which is good. I did a BPO (as this is my ...
Dave Meyer
Recent Syndication Performance?
Hi All,
As an active investor in syndications, I'm curious to hear about recent performance across the community. Are your deals performing well? Any paused distributions? Capital calls? I'd love to get a sense of h...
Connie Chan
What’s the lowest interest rate you’d accept for a note?
I know the interest rate is directly tied to risk and neighborhood, first lien, performing etc. Is there a floor for what interest rate you’d accept— for example a house in a great neighborhood with a low debt to equi...
Jesus Sanchez
Running a 2 person company
Hello community,I'm curious to know how investors who work with a partner divide their workload. What departments do you have?I'm sure everyone is different but I'm searching for ideas as I'm working on building and s...
Katie Neason
I need advice on solving a foundation issue
I have a rehab and flip property under contract. Nice house in a good neighborhood. The issue/potential opportunity: the house clearly has a foundation issue. I am not afraid of foundation issues and have rehabbed hou...