Jesse Fragale
Partnerships - How to divide the piw
Hi All,First month at BP and its been awesome!I am curious to get members opinions on how to split real estate when you have two 'managing partners' (manage all operations of the investment) and 2 or more investors. ...
Laci Rossett
Checking account for security deposits from multi unit properties
My question is: should I get one checking account for the deposits of all the tenants in the building or do I get separate checking accounts for each tenants security deposit? I'm asking because if I get a 25 unit apa...
Account Closed
Would you lend money on this deal? 10k loan on 40k in equity
I met with a seller through a pre-foreclosure marketing campaign and have been presented with the following. Using the house as security, the sellers wants a Balloon, 10k loan with 4 points up front and 12% interest f...
Christopher Griffith
How do I make Money on this deal?????
Hello BP,I am very new to the investment game. I recently got a lead for a property that is in lieu of foreclosure. The seller is an elderly mother and daughter that do not want the property. The mother has not been p...
Jordan Archer
Lien Search Question
Hello BP,Hope you're all having a great day.I want to do a lien search on a property, and I want to know of ALL LIENS that are on that property. I can go on my county website, where I have to enter the name of the own...
Tab Teehee
what are typical apartment mortgage terms?
well after a long long year of rehabbing a 20 unit property, it's time to convert my construction loan to permanent financing. The local bank that did the construction loan has presented me with two different loan cho...
Roy Means
Hard Money, Bank, Private Financing ?
Ive decided I want to create financial freedom through real estate investing. And the BRRRR method (Multi-unit) is the way I want to go with flips on the side. Im about a month in on learning and self educating, I ha...
Dymond Johnson
Need advice on reverse mortgage
I know someone with a property that's currently worth over 1 million and the area is growing like crazy, they don't want the house anymore. BUT the house needs over 500k worth of work AND it's in a reverse mortgage. I...
Marc A Louis-charles
Using a Hard Money Lender to start investing
I'm looking at buying a multi-family as a investment property in the Boston, Mass area. My goal is to have several properties that bring in cash flow for me. I'm looking at houses that will be up for auction or forecl...
Sophie Thomas
Reverse Mortgage, Probate, Pre-foreclosure, Wholesale
I have been contacted by a woman from my probate mailers. She is the executor of her mothers estate, and she contacted me because she wanted to know what I could offer for her mother's farm. The farm was listed for 6 ...