Roz B.
Why Can't I Get Funding?
This is the scenario - House was deeded to me free and clear. No liens or mortgages. Deed was filed with the county clerks office Sept 2014. It will be rental property. Repairs $25K, ARV $85K. Will rent for $1,000. Ho...
Sean Cassidy
Tax liens are selling for 0.25%
I am new at this and was hoping to buy some tax liens here in Miami, Florida. I think I found the correct list for last year's liens sold. The problem is that almost all the bids won were at 0.25%. This is really not ...
Pete Harper
Student Housing Post Covid-19
We came very close to buying student housing in mid-2019. I’m thinking with Covid-19 lock down and most of the University Campuses closed we might have dodged a bullet. What are your experiences in this space? Did yo...
Waylon Smith
STR Cash Flow Analysis First Time - What do you think?
Hey everyone. My wife and I are ready to invest in our first STR. I know BP has rental calculators and I will likely use them in the future. However I wanted to do this manually so I can learn it myself first. I would...
Justin Goodin
👋Unpopular opinion about sponsor acquisition fees
👇Unpopular opinion about sponsor acquisition feesThey are 100% necessary.If you didn't know, sometimes sponsors charge what is known as an 'acquisition fee' when they buy a deal.Typically 1-3% of the purchase price o...
Cin Ng
What to expect at Sheriff Sale if modified loan is underwater?
I'm new to all this, but what if it looks like the loan was modified and then defaulted on? What is bank bidding protocol (in Cleveland area)? It seems most cases are bought back by the Plaintiff bank. Could there b...
Shirley Pu
Should I hold or sell? Seeking advice
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
John Mazzella
Apartment Syndication - Limited Partner Payout
Hello BP!Through my education into syndications I am still unclear on when a limited partner is no longer involved in the deal. For example, if I put together a deal with an expected exit after 5 years, but after 1 ye...
Bryan Hancock
EB-5 Financing For Development Projects
I was wondering if any of the folks on BP could share their EB-5 experience as it relates to small development projects. I am thinking of using some debt that was pooled via EB-5 financing for a $6M project we're wor...
Bryon Haacke
AXA Annuity IRA - Current Value higher than 'death benefit'
If this is in the wrong section, apologies.My mother passed in Septemeber. She had a trust, which this account was transferred to prior to her passing. This is an IRA that is part of an AXA Annuity. This was originall...