William Yeh
Anyone With Senior Housing Development Experience?
Hey BP,My group is currently looking at getting into the development of a senior housing facility (independent/assisted living, memory care, maybe skilled nursing), ideally in the San Diego or OC area. Anyone with any...
Quincy Baker
Transactional Funding for Wholesale Transactions
Good morning BP,I apologize if my question is somewhat fundamental, I'm new to the business and some of my questions will reflect my learning. Q: When using transactional funding to fund the A-B of a wholesale deal, i...
Account Closed
Location of MHP and Entity State Creation - Does this matter?
I had the pleasure of having coffee this morning with Two Investors who own a Park in North Carolina but hey Live in California. They created their entity in California which I was a little thrown off by. To the inv...
Taylor Norton
What features make a property management company excellent?
Good morning BP! I currently have 2 rental properties in the Nashville area - 1 I manage myself, and 1 I have turned over to a property manager. I'm considering offering my property management services to others, but ...
Justin Egge
Competing with Large Multi-Family
Morning All,Branching off a previous thread (linked below), consideration of a multi-family strategy has come around again. Not my current focus (SFR), due to a few primary reasons:Higher transience = more issuesLower...
Stacy Gilman
Private Money Financing in Central Massachusetts
So I am beyond frustration with trying to find any private lender who will fund my deals in the Worcester\Sturbridge\Southbridge, Massachusetts area. I've used hard money in the past in NH and it used to be so easy. D...
Matthew Kaufman
Financing for Duplex
Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
Austin Negron
Using a Gift to Pull Off Househack
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
Taylor Davidson
Ways to get creative with loans/purchasing when in a "saving" phase.
Good Morning all, I purchased my first investment property in January of 2022 right before interest rates skyrocketed. My plan was to live in the residence while I fixed it up and eventually either rent or sell for pr...
Yan Sully
Renter background check
Good morning BP investors,How do you do background check and credit check for the renter? My renter mentioned to me that he might want to move out in the next few month if this going well between him and his gf. I tho...