David Beard
Conventional Loans for Properties 5-10
I've been on a search for lenders who will originate conventional investment property loans (meaning resellable to Fannie/Freddie) for your 5th - 10th property. I have had no luck with local mortgage brokers.
In sea...
Michael Marcoux
Can I qualify for a commercial loan?
So, here's the (literal and figurative) deal:2 of my acquaintances have a pocket deal for me. It's a 4-plex in Baltimore with $3,430 gross rent and a NOI of $1,778. Asking price is $195,000. If I could find a 20-year ...
Jabari Marshall
Apartment building acquisition strategy
HI BP fam, I've always dreamed of owning an apartment building. I'm a new investor. I currently have a duplex and have been saving my 20-25% for my next acquisition which would have most likely been a triplex or qua...
Andrew C.
Accounting structure with holding/parent & child LLCs?
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...
Jared McCorkle
Should I partner with someone or Wait?
Hello BP I am looking for someone to potentially partner with on a Real Estate Investment Property.
The reasoning for this is because currently I want to do a deal however, I am running into a lot of hurdles trying ...
Debbie B.
Newbie from Hurst, Texas
Hi, everyone! I stumbled across this site while researching REI and it's great!
My name is Debbie Butler and I live in Hurst, Texas. I'm a business/systems analyst and manager for a large investment bank. I work...
Brian Hellenbrand
Screening Questions
Hello, I was wondering if anyone could look over my screening questions to see if #1 they are all legal, #2 am I missing anything. This is done before I do a showing or give them an application. Here is my "plan of ...
Kevin Huang
Would you accept this tenant?
A gentleman called, and asked if he could rent my townhouse over the phone.Said that his employer would pay for the rent, and the monthly rent would be directly deposited into my bank account.Also said that he'd like ...
Cindy Carriger
Opinion on using Z-Buyer for lead generation
Has anyone used Z-Buyer? If so, how were the results and is it worth the money? Open to other great (unique or creative) marketing ideas/tools as well. I have PRIMARILY used Yellow Letters, postcards, signs, compan...
Stephanie Dobbs
Short Sale Deal...can it work?
I am aiming at purchasing a short sale with a lease option/lease purchase (requesting the deed of trust for a small price). The agent is really blocking, as she states that it's illegal to lease option a short sale. I...