Carlos Ptriawan
Local Market started to rebound
I'm trying to continue the good discussion on the "Housing crash" thread that @Greg R. created few months ago and had the number one posts in the history of BP including a very insightful post from @James Hamling. But...
Dane Delatte
need to raise $50,000 to purchase a 26 unit apartment complex
I am caught in a predicament and am looking for ways to solve it. I have a deal that I have been working on since May and I am getting a little closer to making it happen. We have had to get creative with the deal bec...
Nathan McBride
Just closed second multifamily deal
Yesterday, I just closed on our second multifamily deal. I can honestly say that almost every part of this deal was influenced in some way by what I have learned on this forum, in the webinars and, especially, on the...
Brandy Luna
Fix and Flip Investor or Hard Money
I have 30k to invest in a fix and flip project. I am quickly seeing that this is a very small amount. What type of lender and terms should I be looking for? Lenders will require down payment, closing costs, reserve...
Daniel Miller
Why do more people not use principal reduction???
I have a $150,000 equity line that I can borrow from. I have two properties that I am currently looking at. Property A is a 13 unit apartment complex and Property B is a 5 unit apartment complex.
Property A i...
Chuck VanDyne
I won’t invest in rental property in my Self-Directed IRA!
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
Account Closed
Advise me on my 1st investment! Lots of cash, what to do with it?
Hi all! I've been educating myself through audiobooks, podcasts, the forums, and webinars and I think I'm finally ready to get started! Just not quite sure where to begin..About me:
794 credit score$150k liquid asset...
Jake Thomas
$25K property to a $400K Lake House using 1031 exchanges
About 2 years ago I drove by this horribly ugly blue house that I could barely see from the road. I had been reading BP posts about driving for dollars and finding the seller to buy it. After an hour of google searchi...
Bryan Hancock
Seller Refuses To Pay Broker's Commission With Listing Agreement - Delaying Funding Post Closing
So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...
Kenneth Davis
How much can I raise the rent on a 10 year+ renter at just $600.?
I have a tenant who I have rented to for over 10 years at $620.00 monthly who I have never raised the rent on. I wish to raise the rents here in Florida on this guy but not sure if there are restrictions on raising hi...