Ryan DiCanio
How does a preferred return work?
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
Matt N.
FHA Loan not welcomed by Sellers
My plan is to purchase a multi-family with an FHA loan. Multi-families in my area are priced 400-600k. I was speaking with one of the listing agents and she said seller puts offers with FHA in fourth place after cash,...
Dawn Anastasi
Seller financing - recommended in general or not?
I have done two land contracts in the past before the whole Dodd-Frank legislation came up. One has worked out well and the other did not.I still feel that there are opportunities to provide win-win scenarios where I...
Steve Dora
1st Purchase utilizing HELOC...what are my options?
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
Siddharth Patel
Potential Bed and Breakfast | Ways to evaluate the deal!
First Post! Avid listener, and finally found a good opportunity to buy a Bed and Breakfast in my city of New Orleans. It has the potential space to serve as a event venue, STR, and bed and breakfast. I am looking for ...
Tyler Wotherspoon
AirBnb starting question
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
Dion DePaoli
Why to invest in Notes?
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Holly Williams
NRIA - National Realty Investment Advisors
Has anyone ever heard of these guys? There is an old post about them about some work they did in Philly many years ago, but nothing recent. They are based in NJ. They apparently GUARANTEE 12% returns. I'm suspiciou...
Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Keith Lutz
Questions to ask a CPA?
Since we are approaching tax season, and I am new to investing, I figure it would be a good idea to look/interview for a CPA?
Do you have any qualifying questions I should ask?
I figure one pre-qualifiying questio...