Ben Meier
Blanket Loan vs Cash Out?
Greetings BP'ers,My coworker/mentor has a financing issue to resolve. He owns currently 17 shf properties (all paid for) and is looking at a small apartment complex (10+ units under 500K). He has the equity to cover t...
Ikenna Okoye
Lender loan Equity Requirments
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...
Julie Muse
Quick Flip Success: Turning $18K into $28K in Saint Marys, OH
Investment Info:
Single-family residence wholesale investment.
Purchase price: $18,000
Sale price: $28,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Rodney L...
Gary Robert Burnham Jr.
Monthly Pet Fee or Extra Security Deposit
I used to just ask an extra security deposit on a dog or a cat. Over time I realized I would be losing out on extra income if I simply charged a pet fee instead. Im curious to hear from other investors out there if ...
Joseph Turner
Private Loans/SEC Regulations
Hello:
I have done numerous searches for information pertaining to soliciting/using private money and SEC regulations on BP and other sites and am having a hard time formulating a basic understanding.
I do not want ...
Robert Posta
Attention: Beware of Non-Bank Fintech Apps
Attention: Beware of Non-Bank Fintech Apps
I hope this message finds you well. I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse. Currentl...
Cliff Hudson
Does This Work? Please Help!!!
Hi guys, due to my credit score, most banks will not entertain me. Long story short, I'm able to buy the ABC property without any mortgage with my personal savings to start but of course it'd be wise to use bank's mon...
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
Ryan Moore
CD vs Savings, comparing the rates
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
Sonia Spangenberg
PPM's
Does anyone have guidance on wording for a PPM. I already feel comfortable with presenting the deal analysis reports but would like to have a PPM statement as to risks to attach to those. Could someone share an exam...