Justin Melton
Financing STR Same neighborhood as current property
Obviously the location of a property doesn’t impact the down payment/financing but there is a property 2 doors down from the property my wife and I just purchased and started renting April 1. We are killing it this m...
Jorge Abreu
Seller Carry and Creative Deal Structuring
One strategy that has consistently brought me success is seller carry financing and creative deal structuring. In this section, I want to emphasize the benefits of seller carry financing, share success stories where i...
Joe Kvidera
DSCR that allows seller carry for partial down payment?
Working on a deal that the seller is open to carrying up to 10% of the down payment. This will be a STR and airdna fully supports a good DSCR. I've spoken to a few lenders, but they are not allowing a seller carry for...
Justin Watters
Using a loan plus a seller’s carry?
Hi BP team,I’m interested to chat with someone who has utilized a seller’s carry before?Quick back-story: I’m under contract on a house with a VA loan in process. The VA appraisal came in waaaay under my offer. We’ve...
Hunter Wolfe
Didn't qualify for a loan, how can I still buy my first duplex??
Hey BP!I could use some guidance right now.I've been working two jobs for the past year; a restaurant job for three years and a commission-based job with a real estate investment team for the past year.I'm renting rig...
Kristin Dee
Financing First flip
If someone has the cash to buy a flip, is that the best way to go? Cash to buy and then cash to renovate. (I would assume yes to lessen the carrying costs but total newbie here wanted to make sure I wasn’t missing s...
Bryan Wilson
Creative Financing options
Hi everyone,Here's what's up: I currently own two properties, both which have businesses running out of them and one rental suite all totalled bringing in $13,000 gross/mo. I am recently approved by my bank for $450K...
Account Closed
Renter setting up LLC at private contractor?
BP-I am currently house hacking my first property (renting by the room in a townhome) and have a new tenant moving in next week. He just informed me today that he is setting up an LLC to be a consultant/private contra...
Matthew Fragassi
Equity in land
My wife and I were given a chunk of land to build a home on by her family. Currently, we do not have the money to build the house we'd like. I wanted to get some advice or ideas on how I could use the equity in this ...
Reuben Stone
Equity Partners
Hello BP, I was wondering if anyone knew of any good book on how to establish a business revolved around finding equity partners. I have a mentor who was showing me an investment proposal he received and basically wha...