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So today I purchased a home and paid for that home off of a heloc I had on my personal residents so basically in banks eyes I wrote a check for the new home the seller wanted to do a quick close and didn’t want to los...
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Morning BP,I’m excited to say that I am approaching my first closing for a multi family property in Rhode Island.Its been a long road with lots of ‘cleaning my truck’ exercises along the way but here I am. Pretty exci...
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Hello BP,I'm considering doing my first syndication for a $2 million 51 unit property in the midwest. I personally own 50 units but I am new to the syndication arena. I have the rent rolls and tax returns for the prev...
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I would appreciate the opinions from both other experienced syndicators as well as LP's, accredited and sophisticated on the pros and cons on the two main securities exemptions for syndications, 506(b) and 506(c).
Gr...
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Can this be done? I havent found anyone so far who finances properties for these amounts. Does anyone know of anyone who does?
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Does anyone know as a foreign investor what are my options for financing deals in the US?I keep getting mixed messages, one saying I need to start an LLC and only after two years I can start thinking about loans, othe...
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When it comes to refinancing is it good to show a yearly profit on tax returns, break even or show a loss. Which way looks good to the bank??
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HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...
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Hi all,I've been having a hard time understanding some pretty fundamental knowledge in real estate. I've read some posts about the importance of equity in a property, especially for wholesaling and flips, though my qu...
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We are about to close on our first rental property that we are looking to MTR and curious to know what everyone else does about security, video doorbells, etc. for their properties.Specifically, when it comes to havin...