Hello BP Community,I have a slight emergency with a property I am wholesaling. The seller is Canadian, and therefore he had to file for a Individual Tax Identification Number (ITIN) via 8288's and W-7 to satisfy the F...
Hi, I'm writing a vulnerable, honest post here <scary>. Hoping to get advice from some experts.For 10 years, I've run a very successful destination wedding business. It has been absolutely decimated by Covid. I ...
Hi everyone! Newly married couple moving to Tennessee who is buying a single-family home that the previous owner converted into a Triplex. It is zoned single family, has one meter for the whole house but is divided as...
New to the market, quick question and love inputs with explanations. I found a deal that cash flows very well, would it be beneficial for me to take that cashflow and pay extra on my mortgage to pay the property off q...
I'm ready to make an offer on a multi-family. I've got my eye on a few tri-plex/four-plex's - but the deal that appeals to me the most is a 14-unit apartment complex. However, this will be my first multi-family invest...
As usual I will post my deal that I am working on.
I am purchasing a house in a below average neighborhood. It will be a 10,000.00 dollar sale cash. The total will cost me 10410.00 with closing cost. They already hav...
I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing...
A bit of backstory. Back in November I decided to sell three rental SFH's that I owned and was renting to long term renters. The properties are in distressed areas and after owning them for 15yrs, I made the decisio...
Hi all,
I'm trying to hash out the details of a deal I have. The house is worth $95k, the purchase price is $56k. The seller has agreed to an interest-only loan of $100/month with a 5 year balloon.
My f...
Early in 2020 my business partner and I had a goal to focus on maximizing our financing. To give a little context, we are buy and hold investors mostly in the Colorado Springs are. Earlier this year we were crossing 1...