Account Closed
Partnership: Using a lien to secure your down payment equity?
I am considering providing the 25% downpayment for a deal that I will own 50-50 with a partner. Lets say that purchase cost is $100k. I will provide $25k and the bank will finance $75k. Can I record the title so that ...
James Schiro
Private money finances 25% and gets equity
I am considering a financing arrangement and would like thoughts on whether this makes sense. I have identified an apartment complex that will have slight + cash flow with conservative expense/revenue estimates and 1...
Chuks Erinne
Potential Rental with a Pool
Hi Fellow BPs!Im in the process of buying an investment/vacation rental home in Savannah. I live in Atlanta but work in Savannah and decided to get something here. Im focused in the midtown area of Savannah which is w...
Chase Hoover
I'm your cash-heavy friend: Pitch me
You have an extended family member, friend, or other connection that has some cash in the bank. They have mentioned wanting to invest in something besides the stock market, but have no experience or desire to activel...
Gerard Johnson
Profit split for a flip with 4 investors
Me and group of friends who want to get into learning how to flip wanted to partner in a residential foreclosure deal. Not sure how to determine profit split since the roles of each person is different. Investor A and...
Adam Soyak
Business is new but growing and friends and family want to invest
Currently, I own some rentals, 2 SF homes, 1 two-flat, and an additional BRRRR closing next month. I have flipped 4 homes as well. These properties are all in my personal name, and will be under an umbrella policy v...
Kenny Penn
Why even invest in real estate property?
Sorry if this question is dumb, but I dont understand how your going to be able to spend the money from investing in real estate if you just using that money to pay off your loan you got to buy the property in the fir...
David Friedman
Flipping Homes - My Exciting Journey (Post 2 of ?)
Hello BP!I've started posting all of my previous flips, now that I feel like I've completed enough to actually have some good original content. I hope that by sharing we can all learn, network and discuss this interes...
Marc C.
Adding a purchase price contingency to the LOI...ideas?
Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...
James Pennington
How to structure a rental deal for a cash investor return?
What is the structure for a cash investor on a rental deal for me to get the return on thier investment?