Account Closed
Is this a good deal or am I ludicrous for the idea?
Hey everyone, this is a long description so please bear with me, but I’m reaching out because I want to know if you think I’m being unreasonable, and if this is a deal you would consider as an owner.Description of my ...
Dave P.
Whether or Not to ask friends and family and if so how
As I continue my real estate investing journey, I am considering the option of turning to family and or friends for a down payment loan and in turn offering them something in return i.e. a fair interest rate. I have h...
Meena Balaji
New Member from Bay Area CA
Hello everyone. Excited to be a part of this forum. I'm from the Bay Area . A techie my profession who loves her job. But Im also interested in real estate.. We became chance landlords this year when rented out our pr...
Jacob Paulson
Who are the best turnkey providers?
I am in California and new to out of state investing and looking to get started with a turnkey property for my first buy and hold property. I’m connected with Memphis Investment Properties but who are some other turnk...
Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Chavis Atkins
Leaning walls, soil and foundation problem on half slab/basement
Hi, I have a property in Schererville, IN that I'm looking to get under contract that is a 4 bedroom home around 2700 sq ft with a partial basement of 800 sq ft. This home is worth between 230 to 250k and the purchase...
Blake C.
Offering Discount for Early Renewal
I have middle income tenants in one of my properties. Overall, they have been good tenants. Clearly tenant turnover is costly (repairs, vanacy, work I have to do to fix it and show it). Have you ever considered giv...
Lon Jansen
Found an excellent property, problems financing
I've found an excellent property, which I believe will turn out to be a good deal if I can acquire it.
It is an apartment complex (40 units) listed at 1.6 million. The seller may consider owner financing a portion of...
Jake DeAtley
Seller Credits, Can I Negotiate For Them??
Hey BP Members!I currently have a property under contract and just had the inspection done last week. There are a couple major issues, one being that we need a complete re-pipe of the units. I initially wanted to go i...
Erik Larson
This REO seem reasonable?
My RE agent (who is an REO agent for 2 banks) came with this:
$130k 3bd 2 bath
Vacant for about 1 month all windows busted, needs a full gut and start over he said $35k in work
Says He could sell it for $190 to $197k...