Hey everybody - I'm looking for more information on lease-to-own options out of Houston, TX. 1. for me personally as I can't secure a traditional mortgage on my own yet, and 2. as a tool in my real estate tool belt. F...
I need some advise on a opportunity I received today. This is the financial information of the deal:ARV = $179KRepairs = $0Selling Price = $135KSeller's Problem = The seller has an existing 30 Yr conventional mortgage...
Hello, I wanted to get some advice on a potential legal situation,I recently purchased a property where we were told that the tenants had been paying the water bill. We come to find out they had never been paying the ...
Hello BP Friends,I am considering a career change to become a Mortgage Banker (currently a Mortgage Closer) but I would also be interested in working as a Real Estate Agent. I have tried doing some research into the l...
I'm currently researching the different entity types that may fit a potential 16-unit property. I'm seeing that a GP/LP split and full PPM is out of the scope of this smaller multi-family deal and hearing that a Joint...
I received an unsolicited offer to buy an apt that I own in upper manhattan (below 125th street). My unit wasn't on the market - a broker who lives in my bldg approached me with deal. I change my mind daily on whethe...
So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
I just had an offer accepted for my first “commercial property,” a 5-plex. My other rentals are duplexes and SFRs, so they’re just under my personal name with an expanded umbrella policy. If I develop an LLC in Minn...
Hi everyone,
I'm new to this forum and seeking some advice on a situation I'm facing with my rental property. Recently, my property manager informed me that a tenant's attorney contacted them, expressing the tenant's...
I have a house with 1 hard money loan and 8 private investors. I know this seems like a lot but the private investors invested very low amounts of money ($5K - $15K). The house was appraised at $310K recently, I ha...