Chase Johnson
Willing and Able to Learn!
Hello everyone. I have been interested in rental property investing for some time now, but I have no idea how or where to begin. What steps do I need to take? Should I get a partner? I'm about to graduate college and ...
Abraham Saldana
Investor Facilitated down payment
Hi everyone,Any advice on how best to find an investor(s) to facilitate the down payment on a multi unit in South Carolina? Currently need roughly ~50K in addition to my own cash on hand to finance a typical 75% LTV...
David J Carciere
$150/mo - Does that cover downside risk?
I was in @Brandon Turner's webinar yesterday and thought all the info was super helpful but one question I'm trying to reconcile is $100 - $200/month enough on a rental to cover any potential downside risk. I partner...
Jordi Valado
Newbie Investor Lending Question
Hello everyone, I am Jordi a new investor to the real estate game. I am looking to do buy and holds in the midwest, this would be outside of my home state NJ. I have heard many investors speak about using Other People...
John Timmerman
Partnering with a contractor on deals
We are working out a deal to partner with a very trusted contractor that we’ve worked with in the past many many times. But he is requesting some thing that I’m not completely sure makes sense.The deal is for 50/50 Eq...
David Zheng
Can you refinance a loan that covers three properies into one??!
Hi BP users!I have a question about refinancing. So right now I'm looking at using a private lender to lend me $330,000 to cover 100% of my costs for 3 Condo units I plan to rent out. The payback method is essentiall...
Ellis Dudley
Collect Move-in Fee, No Sec Deposit Correct?
Hey! quick question for ya. Is it ok for landlords to take a movie-in fee instead of a sec deposit? Have one client who applied this and is under the impression they dont have to collect sec deposit, only move in fee ...
Scott Beebe
Payoff car or buy investment property
Hi,I'm in need of some advice. Not sure I should payoff my car or buy an investment property.Here are some details.Car loan: $12000, 4.75%, 52 months, $240/month$45K in savings. I own my home free and clear. The car l...
Trevon Peracca
Got preapproved for 290k - Lender requires 25%
I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...
Deja Williams
Hard money lending and holding costs
So when buying property using a hard money lender, while doing the rehab portion of the BRRRR method you obviously have holding costs that you have to pay while in the rehabbing portion. My question is how do you cove...