We are putting together 2nd position funding for a project. We have 3 people that are willing to lend a portion.
My understanding is that the cleanest way to do this is create an LLC where each person's ownership pe...
So I work at BiggerPockets, as you may or may not know. I've been here more than a year, and got the job through an ad placed in these very forums.Hands down the best job I've ever had.Do you want to join me?We are cu...
Hey BP,So as of 9/21 this year, my position at my job (Just answer phones basically) will be terminated-they're hiring on someone else to do it + that person has a background in energy for years etc. I was wondering...
When I started looking into this I thought it would be straight forward, but its not...Thought experiment: I am in Ca and I have an LLC devoted exclusively towards my real estate investing. I have my own money as wel...
Hello BP,Have you ever partnered with someone on a real estate investment? Have you ever been part of a long-term investing partnership? I would love learn from your experience! What did you learn? Would you do anyth...
3bd2bath 2110sqft pool and pool houseValue138kNo repairs Remaining balance is 125k20 years left on loan Mortgage (Piti) $1400Rents in area $800-$1000I could either sub 2 or LO to buy. But as far as exit strategy, rent...
I just read an interesting post in this forum on the worst tenant/ trashed then rehabbed again experiences.After months of reading Bigger Pockets books, taking in podcasts, forums, etc., I am starting to notice that b...
After you pay the 50% operating expenses and principal/interest on your mortgage debts do many of you still manage to have positive cash flow or are you all hoping the property will just appreciate?
Here is a test f...
Hi guys, I'm new to this site, but here's a question. I have 3 properties, a total of 17 units that have positive cash flow, but I can't get any interest from buyers because the forclosure market is killing values. T...
I have a property I’m looking to flip and I’m getting my financing in place. I’ll have seller financing for $1.2M and looks like hard money for the remaining $1M. How does that get structured? Would they each have the...