Background: The private equity who is lending me the money to do the deal is actually an equity partner. He is bringing all the money. However to get the Rate/Term loan without the seasoning period, he will be in the...
Why do you feel you need to "work" for someone 9 to 5 or whatever it may be? Why is it that you take time out of your personal life and sit in a 4x6 cubicle, 5 days a week or may be even 7! I had this discussion with...
A couple quick questions that hopefully someone has some experience with. I am looking at moving into a self directed IRA to purchase additional rental properties. Usually depreciation is one of the most valuable ta...
BPers,We have traditionally done a good job of staying on budget and on time with our flips, but our last couple of projects have definitely pushed us to a point where we need to implement some new strategies to impro...
Just looking for a conversation with anyone who has done deals of any kind. Ive read and watched "plenty" about this business hours upon hours... but would like some good ol fashion "chit chat" about your beginnings. ...
Hi,
My brother and I are currently in the process of buying a house from my parents. It is a duplex located in the Cleveland Ohio area. My parents do not want to pay capital gains on the property at the moment but ar...
Hello REI world! I'm a regular Joe who has caught the entrepreneurial bug. I work not a 9-5 I work crazy hrs at times the of year, up to 17-18 hours a day in some cases, and I've heard you can't really wholesale if yo...
Hi,
We purchased a house 4 years ago and financed it with a private mortgage. The private mortgage is with a family member and was for 100% of the purchase price. We were looking at refinancing the loan with a bank, ...
I'm preparing to buy my first rental property, single family. Ultimately I hope to have several and plan to own them in an LLC. My debt-to-income is such that I could definitely qualify for a traditional 30-year mortg...
We rent to college kids often. We traditionally have all individuals sign one lease together. As far as collecting payment individual typically pays their portion of the lease separate to us. So we may have 5 separate...