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Hey Guys,
I came across a $5mill MFH seller finance deal - 75%.
I would like to get 10-15% covered in some sort of Jr Debt.
What are common strategies used here?I see a problem just with the lien being in 2nd posit...
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There has been a lot of discussion on BP around rent to own, lease to own, etc. I have offered this type of deal on a few occasions, but it was never accepted. We all are big fans of the idea of, give me a big down ...
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Hey everyone, I am a brand new investor and looking for some advice on my situation. My goal is to retire early and use the minimum number of long-term rentals to do so. I currently own a single-family 3/2 in South Ph...
I just started my first major flip in Philadelphia, PA. I am trying to get some advice on what's the best way to handle asbestos testing on a full interior gut. Asbestos...I know...shriekkkkk. Anyways, please don't ov...
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I have a project where the seller is carrying the note on the home with a 20% down payment. Now, I need private or hard money to do the rehab but no one wants to be in 2nd position after the seller. My friend has advi...
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Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
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Would it be a good strategy to propose a non-exclusive option contract just to get equitable interest in order to legally attempt to sell a property while not tying up the seller? Its seems like a no-brainer to me but...
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Hello all,First and foremost, thank you to everyone who has given so much knowledge the last few years as I dipped my toes into real estate. I have been a long time reader absorbing everything I can. I hope to contr...
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We are embarking on a construction project to build a 6 units onto a piece of land(30 yr fixed loan). We have a few options to fund this, I was wondering what would be the best option and why?
1. Get a constructio...
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I’m seeking guidance on my first purchase. It’s a SFH. Will be bought as is with limited contingencies. Owner is in no position financially to make any repairs, therefore price will be very low. Only contingency I can...