Vania Castillo
The holder of a note died!
Hello BP member!
I issued a secure note to a LLC of a sole member, he unfortunately died this week. The note is backed up by a property and is a commercial note due to mature on October 18, 2020.
I'm not expecting...
Chris W.
1031/Reverse to fund first commercial property
Hi All!
I've decided it is time to 1031 exchange/Reverse a property I've owned and rented out for a while. I have good equity in it and would like to get into commercial real estate instead of buying another residen...
Susan Tan
When is house hacking not worth the sacrifice in quality of life?
House hacking is often considered here in this forum as a good beginner's move to getting started with the first rental property. When does house hacking & self-managing a property NO LONGER worth the time & e...
Joseph Sangimino
Rehabbing a Rental Home
All, I recently began rehabbing a SFH that I plan to rent. I have a bare bones rehab plan in progress, basically just to fix everything to the point where it will be a good solid rental. However, I'm trying to decide ...
Jessica Piff
Using STR to beat LTR Income
Hi BP! So I have a thought and I just want to put it out there to get some feedback on it. Our strategy is to invest in small MF's and SFH with 4+ bedrooms that are under 100K. These properties are located in a town w...
Jimmy Klein
My friend defaulted on full recourse loan and have a question
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
Emmanuel Dufort
How to find financing
What should I do if I have no money but I want to find some financing to buy my first property. What options do I have to get some money?
James Paine
$1MM Cash...How do you invest it?
If you had $1M, how would you invest it?Need Money to Live OnI think I would become a hard money lender. I could loan my money out at 12% interest and 3 Origination Points. In theory most HMLs are 6 month terms so i...
Michele G.
Wrapping my head around 1031s
We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
Isaiah Gill
Good Places/Advice to Invest in Maryland
Me and a friend are looking to start our investment journey working together and potentially bringing in a couple more friends to get going. We still have a lot to learn and figure out before we even start to think ab...