Rhys Williams
Strategies for Getting Loan for BRRRR when you have investors
What are some of the best strategies to getting loans utilizing the BRRRR strategy when you have multiple investors ? Most banks require multiple tax returns, bank statements, personal financial statements, and credit...
Brendan Chase
What interest rate should I pay on a 30year commercial mortgage?
Looking to get my second multi unit - currently have a duplex and looking at a triplex. Banks only offer commercial/investment loans for a second property, and it looks like there’s nothing under 5-6%. Seems pretty h...
Matt Hawks
Investment property buying & funding
Hi all, Im looking for some guidance, I'm ready to start thinking about buying multi families and/or multi-unit industrial space properties ideally. I am self employed so every year is different with income but never ...
Takiyah Riley
Using personal line of credit for down payment on rental property
Hey everyone, So this what I did..I have access to 60K in personal LOC. Instead of using my own capital (16K) I used 30k of my personal LOC for the down payment on a duplex. The all in cost is 85K with an ARV of 125-1...
Don Konipol
Five Simple Rules I’ve Learned for Passive Real Estate Investing
FIVE SIMPLE RULES FOR CUTTING RISK WHEN PASSIVE INVESTING
Never place more than 10% of your capital in any single investment
Never place more than 25% of your capital with any one sponsor
Never invest in...
Sammie Renna
Help identifying key formulas
Hello All, I'm new to BP and was wondering if someone can help me with identifying key formulas to consider when evaluating a property as an investment, and also what a good percentage to be at? I currently own 2 cond...
Ibrahim Hughes
Is Exec./Admin. of Estate Personally Reponsible For Debts?
Is Exec./Admin. of Estate Personally Reponsible for debts when they don't handle their fiduciary responsibility and pay off creditors? What happens when an Exec. probates an estate but fails to take care of the debts ...
Amanda Thompson
Is 12% Management fee outrageous?
I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
Mindy Jensen
Tips For MHP Setback Variances?
My MHP is located in a town where the setbacks are such that I can only get 10-12 foot homes on the lots. My partner @Ryan Murdock is going to request a variance so we can get 14-foot wide homes on the lots. They'll ...
Brandon G.
Another Attorney Question
I found an attorney in my area who specializes in real estate and has stellar reviews. The only thing is on her website description it mentions that "commercial landlords and tenants value her extensive experience..."...