Tyler Powell
Max Borrowed Debt with Low Rates
Hey BP Members!I own one Condo here in San Diego, CA and looking to add more income generating assets. There is one thing that I have not gone thru and therefore don't understand how people are accomplishing "it".How ...
Jerrad Dumont
Real Estate investing with LLC and Leases
Hello, Was hoping for some advice. I just purchased a house near a college. I have some students that are going to come and sign contracts for the house. Should i put my house into an LLC or just do everything thro...
Account Closed
Changing Lease term mid lease at Landlords decision
I have a unique situation that drives a need to reduce the term of the lease. Tenant has not been paying on a timely basis and other significant factors (without elaborating..) that drive the need to do a workout pl...
Carlos Rodrigues
What's a promissory note?
I'm taking my real estate course to get my license. And we we're spoke about promissory note. My professor summed up what it meant, and I didn't get the chance to have him clarify what it means exactly. Maybe a exampl...
Chris Bluem
Creative Financing Noob Questions
Thanks for taking the time to read and respond. I am starting to look at a few rental properties (SFH & Multifamily) and beginning to run the numbers. So I just wanted to make sure I understand some of the strateg...
Michael Morrongiello
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...
Jordan Naeem
Free and Clear Multifamily partnership advice
Hello everyone,
I'm a newer investor and looking for a little advice for a potential partnership and multifamily investment. I'll try to give as much detail as possible so sorry if this is a little long-winded.
I ha...
Christine Mulkins
Seller Financing mortgage forbearance?
Does anyone believe or know whether investors who use seller financing will be able to take advantage of any forbearance of mortgage? I'm assuming not as that would need to be agreed upon with the individual note-hol...
Alvaro Rodriguez
Refinance or not to refinance?
I would like to know if I’m making the right decision by refinancing or should I just leave it the way it is. Any feedback or advice is helpfulClosing cost is around $5k + 650(Appraisal) = $5,650.Current situation:Ori...
Heather Pelletier
Depreciating Markets
I've read people saying one of their worst mistakes was buying in a depreciating market. ( I'm assuming they paid full market value) Does it make sense to buy in a depreciating market if the price is 40 cents on the ...