Cook county ILI know couple of investors/rehabbers who need short term financing and have free and clear properties. I will prepare a simple loan agreement (and release) that I can record, once they sell the house, I...
Hey BP community,I am an investor with two single family properties in Northwest Arkansas. I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I a...
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
Hello! I am looking to buy a multifamily home in the next year or so and wanted to hear some thoughts on a few things. How well do small value add projects benefit the investment outcome in your experiences?What citie...
Where do most people save their money while they are putting it away to save up for their next down payment of a property or investment? I currently have a high interest savings account with Ally paying 1.25%. I know ...
Hi, I am embarking into the house flipping business in south florida. I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories. Not that ill be doing all or most...
What should be a standard agreement between 2 partners- one that bring the money and the other in charge of finding the deal and manage the project ? I have a friend who partner with a project manager with flipping ...
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
I need your input in analyzing a potential deal. I'll be brief, but please ask follow up questions and I'll provide any details needed to provide context.The basics: A 2br/1ba home was "won" at a chancery court auctio...
I'm seeing some income funds out there that look pretty good on paper, promising 8-12% annual returns with regular distributions with 3-5 year investment. I'm curious to hear from others on this. My concern is that it...