Sean Brennan
Should a trust be used in a wholesale transaction
So, Will Barnard suggests using a trust for wholesale transactions in the BP summit audio. He mentioned that he would be the trustee and the end buyer would be the beneficiary. This is the only place I have heard of...
William King
Over my head... Questions need answers.
I am motivated and I am all in. I have been doing significant work and I think I found a deal. It is a wholesale from Riverside County. The asking price is $192,5K and I have a comp that is around $434K. For the inves...
Eric Whitaker
To DBA or not to DBA?
Question to anyone with advice or past experiences. So, I have a single member LLC established. I also have a friend who is planning on partnering with me in future fix and flip deals. My question is if it would be be...
Frank Barletta
Reviewing the Rental Market Opportunity in Parma, OH
I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH. In this post I'll share some insights based on my findings and some data to showcase why this market is a ...
Shefali R.
Choose: Larger Loan at Higher Rate or Smaller Loan at Lower Rate
Hi - Financing experts, need help choosing between two loan options on the table. 1. Bank A is offering $400k for Prime + 1% (small local bank) 2. Bank B is offering $435k for Prime +1.75% (large national bank)All oth...
Ram Wagle
Considering first property
Hey fellow bp geniuses,I am planning to put an offer for my first property here in st louis. I have narrowed down the 3 properties and want your opinion on which one wud be a better first property buy:1. Property A: L...
Brandon Seyferth
Is This a Good Analysis? Advice Appreciated.
Hello there. I'm a newbie investor, hoping the great community here can provide a bit of feedback on my analysis of a two flat in Chicago 60659 (see image). The units are already rented. I plan to leverage a heloc on ...
Edwin Brown
First Potential Deal
Long time single family investor looking at my first commercial deal. Tell me your opinions.
110 unit complex taken back by local bank. The area is "B" class. Bank is willing to take back purchase price as financing ...
Patrick Forelli
Creative finance, subject to
Hello BP community,I'm looking to place an offer on a home, and I think "subject to" could be a useful strategy. The housing price is listed at 300 k.The house was originally bought with a VA loan a year and a half ag...
Kenneth Hynes
Possible emerging opportunities in Multi- family space
With the stay at home work orders , plus the rise of co-working spaces in recent years, thought I would ask what people thought about offering co-working spaces in large Multi unit buildings as an additional amenity. ...