Michael Caldwell
Exploring Pref Equity to Scale Group-Home Portfolio
Hi all- my partner and I are building a portfolio of group homes. For those that don't know, group homes are single family homes that house "by the bed" and therefore come with many benefits, the primary being that th...
Devin Mann
how to get owner financing for multi families?
i dont have the credit history for a loan from the bank.i think owner financing would be my only solution to purchasing a multi family .maybe private lenders?about how much money do i need for a down payment and to us...
Ethan Wilson
Funding an Apartment Deal
Hey everyone! I'm in Huntsville, AL working on an apartment deal with some partners down in Laredo, TX. It's a fantastic property with a ton of potential, and we've negotiated some great terms to buy it seller finance...
Kevin Breslin
What Form of Payment To Require
I am looking to having the tenant in the other unit of my live in duplex make a payment to me via mail box. Can I require Check or Money order only? Inglewood California
Shawn Skaggs
Best way to structure HELOC loan
I am setting up a HELOC on my personal residence to use for RE Investing. I currently have one multi family property that I bought to buy and hold and want to continue that strategy. The line will be for $100k and s...
Bob Malecki
Need help on formulas for Excel to calc selling value of note
Hi All,I have the 10bii calculator app on my iPhone that has an "easy mode" to determine the purchase price of a note based upon entering 1. the monthly payment, 2, the remaining term in months, 3. the desired annual...
Steven E Lasseigne
Rental property tenant issues
Hi all, To those who have multiple rentals and have experience with both cash renters & section 8 renters. Just wondering about your experiences with each? Thanks for your feed back.
Angel Clark
Joint tenancy or tenancy in common?
About to close on residential home we plan on living in. Bought with my family’s assistance for down payment. My significant other (SO) and I are not legally married and we file taxes separately and overall have our f...
Chad Althaus
Escrow hurting cash flow
Hi BP community,
I was curious on others’ experience with the topic of escrow. Earlier this year, my monthly escrow payment on a $100k house increased $180 (27% increase), which cuts my cash flow a great deal. When I...
Joseph C Schmitt
Stretching HELOC Dollars with a Market Reset
After recently refinancing a duplex, the remaining equity will allow me to open an interest-only HELOC with a maximum withdrawal amount of $21,300. The HELOC is fixed for the first 5 years and then it will adjust with...