Drew Sylvia
My First Deal - Catching Up
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $285,000
Cash invested: $12,500
First real estate investment. Acquired with a friend as a partner (50/50 spl...
Yadira Gutierrez
Condo Hotels - what's the catch?
Hello BP Community,I have been presented with an opportunity to invest in a Condo Hotel.It seems too good to be true...Are you the owner or are you buying the right to rent it out only?Anybody can shed some light?Than...
Maxwell Xavier
Great deal! What's the catch....
Hello! My name is Max and I'm pretty new to real estate in general and I'm more of in the process of just educating myself more than anything. There is a particular area where quiet alot of real estate is avalible, th...
Bruce Chang
How to catch illegal subletting?
To all you experienced landlords, short of installing cameras, how do you guys catch illegal subletting? For instance, we've seen some unfamiliar faces in the past on our property, and they always claim that they are...
Francis Figueroa
USADA Loans -- Whats the catch
Curious what anyone knows about regarding a USADA Loan. Surprised to find out that my area qualifies for a USADA loan -- a lot of benefits it almost seems too good to be true. 100 % financing and in Turner's book he s...
Maximilian Marck
The Partner/Deal Catch-22
Let me begin by saying that I recently upgraded to Pro, and I already feel like I have gotten my money's worth. This community is invaluable for providing insight, education, and confidence for aspiring investors like...
Daniel Purcell
Catch 22 Situation -DSCR Valuations
Hello all,I’m coming to write this to seek advice as to where to go from here. It’s a bit of a saga:We bought a property in Sevierville, TN for roughly $500k through a construction loan. We put about $350k (100k in pr...
Martin Z.
catch 22 apt rental issue
Tenant of Unit A is leaving, so i intend on renovating with recarpeting and new paint and leaseing it out. Now, Tenant of Unit B tell me they want to move into Unit A. The problem is in this scenario, i'd have to ren...
Dan Robinson
Weird ELOC situation Catch-22
I'm trying to get a line of credit on a rental. I borrowed money from a relative to refinance it many years ago so I have a "mortgage" in some sense, but there is no lien filed with the county. Most banks don't do equ...
Craig L.
Finding a realtor -- catch 22?
I'm in the process of building my team -- specifically, finding a realtor to listen to my REI goals and bring possible deals to me based on them. I've heard others advise finding a realtor that works with other invest...