Hi BP'ers,My partner and I are potentially buying a property that is being fully seller financed. 3% interest rate, 8% down, 900K purchase price, 5 year balloon. Numbers, cash flow, and upside work out well. What are...
Has anybody else randomly stopped getting key word alert emails without changing any preferences/profile options? Can't figure out why I'm not getting emails anymore. Any help is greatly appreciated.
If you don't have a mentor, and don't know what you are doing, this is not an easy proposition. I am closing next week on my fifth flip, and after four months of sweat equity, and about 500 hrs of work between my par...
Your Word Should Be Your Promise
I firmly believe in and live by the statement; A Man Is Only As Good As His Word.
I am old fashion - attribute this to my age and those with whom I associated and were my mentors. Pe...
I have a lender that will loan me up to 70% of the ARV of a property. That 70% is only applicable to the Purchase price and rehab costs. My concern is that if i estimate the ARV over what the bank says it's worth I n...
I have a growing business that is in need of a larger building. I am thinking of buying a 10000sq ft warehouse in town.
Would love feedback.
Currently Renting
We rent around around 6000sqft of light industrial for...
I am finishing up my first flip and the process is exactly what I expected thanks to the BP forum. Permits took longer than expected, contractors can only show up when they want to and we were a bit over budget. Fortu...
Hello, I am new to the forum, and new to REI, flipping, etc. I have done research, read books, talked to a few experienced individuals, but have never done any of this myself. I have a ton of questions as a beginner, ...
Someone asked me recently how I handle things if a tenant needs to break a lease. This person's father recently died and he didn't need to live in a 2 bedroom apartment anymore. He said there was a clause in his lease...
What does SL 362 Discovery mean?
What does Debt Setoff mean?
All of these were found on the tax records.