William Wong
Financing for foreigners buying in the USA
What is the minimum down payment required if you are a non-US resident? I have been looking into US turnkey properties but am getting the impression that my only option is to rely on non-recourse lending. This would r...
Mike Celli
Cash Secured Loan as Downpayment
Has anyone used a cash secured Lon as a down payment instead of putting the money down itself. I am wondering if that’s a better option.
Susan Feirich
Lending options during furloughed employment
Hi All,
I'm a rookie investor from CA with cash available to purchase my first buy & hold out of state. Due to these uncertain times, I'm nervous to put a good chunk of my cash reserves into my first investment....
Benjamin Suarez
How My Friend Jerry Acquired 200+ Doors in Real Estate by 27
Hi everyone,
This is Ben, and today I'm thrilled to share a truly inspirational story. This story is about my friend, Jerry Gonzalez, a 27-year-old, who managed to acquire an astounding 200+ doors in real estate thro...
Aaron W.
Legal documents for equity and debt financing partners
Hello all,This is the first time we are seeking other people's money to acquire real estate and are interested to know what legal documents we need for private money partners who want to join us as debt or equity part...
Ali Jafri
Tenant decides to not move in right before move-in date in New Jersey Rental!
I own a rental property in Cherry Hill, NJ. I found a tenant who signed the lease and paid security deposit. A day before the move-in date, they are backing out. Can i keep the security deposit? I held the property fo...
Stuart Grazier
Do I need a brokers license to sell fractions
Hi BP,I've been given an opportunity to buy multiple rounds of single family performing notes in Texas (1st & 2nd positions). Most are around the $100k-$125k range (9-10% yield). Unfortunately I am out of cash to ...
Elizaveta Dolzhenko
Potential tenant cannot pay deposit in full
Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...
Justin Youngblood
Tenant Turnover Issue
Hello,My current tenant is in the process of moving out. She gave 30 days notice and was supposed to move out fully on 8/18. She had begun moving out and was not living in the property since 8/12 but still had lots of...
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...