Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
I would ideally like to find a MHP and owner finance the deal directly with seller. In case I locate one that is listed, are there any workarounds to owner finance a listed MHP? Some kind of finders fee or monthly per...
Hi Everyone...
I am looking at using a Hard Money Lender.
What kind of questions should be asked to make sure I am using the right one? Thanks for your imputs!
Just curious as to how much you guys are keeping in your emergency fund per door, unit, etc... for cap-ex, vacancies, repairs...?
I've been putting away a certain percentage ea month, but at what point can I skim the...
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...
I'm still a little fuzzy on the details of how an investor might be paid. I hear lots of talk on here and in the podcasts about getting investors X% return on their money but what does that really mean? Is it the perc...
Hey BP nation, I have a question and could use some advice. I am an architect, designer and project manager with over 25 years in the business. I have owned rental property, flipped a few house in NJ. I am now current...
I am currently researching different marketing strategies in generating leads for wholesaling, and utilizing some of my current relationships with realtors seems like a great place to start since it doesn't require an...
Hello Everyone, What is the standard practice for applying (or not) both of the following in the first month of a new tenant placement: 1) the monthly property management fee; and 2) the leasing fee (1/2 of the monthl...
We generally buy borrower occupied NPLs and attempt a workout with the borrower. I have an opportunity to buy some HECM loans on vacant properties. These are reverse mortgages where the borrower has passed away. Does ...