Marina Wong
equity partner with a builder
I came across a builder who will be building in a high demand town near Boston. He needs an equity partner and will pay 50% return. I do not personally know the builder (I know him through a friend who knows him th...
Mike Migliaccio
If rates rise and economy slows
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
Nahal Beckam
housing market in Bay Area!
Hello, we have a rental in Bay Area. The current estimate is 1.3M. I noticed the prices are going down this year. Is it a good idea to sell this house now and wait for a crash to buy later? can anyone point me to a go...
Luke Mccandless
Bay Area FHA triplex sanity check!
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
James Campanaro
Buyers trying to renegotiate after appraisal came in 10k under
Got a question for anyone:After having my grandparents home on the market for roughly 3 weeks and several viewings later with NO offers - we get one offer for $100 dollars above asking price LOL - ok so I accepted - h...
Robert Adams
Las Vegas/Henderson Market Shift
The buzz around the country right now is the shifting economy and that is no different in the real estate sector. With the Fed raising the overnight interest rates and implementing Quantitative Tightening (QT) to comb...
Jeff Yates
New investor in Sacramento, California
Hello BP! My name is Jeff Yates and I'm a new investor living in downtown Sacramento. I am interested in purchasing buy-and-hold multifamily properties. I would prefer to invest locally, as community involvement is im...
Samira Beheshtian
Subject to & Wrap Mortgage Buyers
Hello All,
My team and I have acquired a subject to and are in the process of a wrap in Florida, but we have a questions and are worried if the Buyer stops making payments to us. What happens if they miss payments, ...
Daniel Thomas
If you have a good deal the funding finds you - MYTH?
Hello BP, I have a dilemma. We have all heard the subject line a hundred times and yet I dont believe this to be true (in my short experience). Here I am a newbie trying to secure my first deal in Omaha, Nebraska, t...
Erin Dorsey Robinson
Can we stop calling places war zones?
Something has been bothering me. This phrase, "war zones". Am I the only one? Real people actually live in these places that are so casually and and narrowly characterized by this phrase. I'm not discounting that some...