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Results (26)
Sharad M. Create a reserve?
22 September 2010 | 8 replies

Hello all,

The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.

One...

Brie Schmidt Seller Financing Terms
29 March 2019 | 14 replies

I may be entering into a seller financing situation where the sellers offered us a portfolio of properties double the size we were initially planning on and offering to finance the down payment that we do not have....

Luke Shipley New investor looking for REI internship position (6-12 mos) in CO
26 January 2017 | 1 reply

Hello BP community,  My name is Luke Shipley. I recently moved back to Colorado where I grew up, from Florida. I am just getting started in REI and am looking for an experienced REI company in the Denver Metro area wh...

Larry K. How do you put a friend in first position as a private lender?
15 June 2012 | 13 replies

How does this exactly work? What does the agreement look like? What does it say? Do you need an attorney to write it? Does the SEC need to be involved?

Scenario would be a friend and I agree to go in on a deal to...

John C. Value-1st position 7% 10 yr CFD, 46% LTV, just under 8 yrs left?
30 October 2017 | 2 replies

Hello all, When selling a note what is the best way to determine value? The note is a 1st position 7% 10 year contract for deed at 56% LTV with 7 years and 10 months left. Details:Original purchase price: $138,000Down...

Dan Burrows How do you buy the note for the second or short the second on an upside down property?
2 February 2011 | 10 replies

We have a house that we owe $235K on the first and another $85K on the second. The house is on a penninsula that is reclaimed phosphate mine in the middle of a lake. Most of the home owners on the penninsula have file...

18 January, 2024
How to Invest in Real Estate in 2024 (Step-by-Step)

If you want to know how to invest in real estate, you’re in the right place. Today, we’re going to break down the nine beginner steps to getting your first or next rental property so you can start building wealth, mak...

24 May, 2024
Fundamentals of Funding: How to Finance Real Estate Without the Big Banks

Private money is a “secret weapon” for real estate investing, allowing you to dodge the major banks and fund real estate deals on your terms. But just how easy is it to get this type of funding? The answer might surpr...