Tim Kelly
Structuring a Private Lending Deal
BP Pros...My Mom is somewhat interested in helping my out with a down payment on a multi-family. What are some basics in structuring the deal and presenting it to her so it is a win-win for both of us?Obviously, we e...
Greg Todrank
Triplex In Need of an Immediate Roof -- Financial Question
I am looking at a triplex that will need to have the roof immediately torn off & replaced. I am cutting into my reserves pretty deep for this purchase, so I don't have the cash to replace the roof.I have proposed...
James Allen
Acquiring funding from a HML
Currently I'm looking to get pre approved by a HML for about $150,000 so I can start making offers. I reached out to a HML and they mentioned that I would need at least 30% of purchase price in cash and then also clos...
Ryan Friend
Yeah but how much capital do you need?
Hello,
I am new to REI. I am interested in the buy and hold strategy. I bought a home in 2020. I do not have the capital to buy another property myself. When raising capital, do you need enough $ for the entire pric...
Char Rosa
ARV Financing (As Completed Value) - Don't Get it!
I am novice real estate investor and trying to sponge up all available strategies...especially financing strategies. This community is the best and want to leverage the expertise and experience here.I know there is AR...
Sean Borg
Learning to build homes
Thank you for any help in advance. I am thinking about building a new home in Chattanooga for profit, but want to start small so it would only be one house to start. This would be something around 1200 square feet and...
Kimberly Ferguson
Swindlers, Con-artists, and fools
I have been investing since 2009. I bought my first duplex as a single gal. The house across the street from my duplex is owned by an out-of-state "investor." The city just boarded up the house across the street due t...
Jimmy Thomas
Hard Money Lender With Lenient Standards?
Hi All,My partner and I are new investors, looking to do our first deal in the first few months of next year and avoid analysis paralysis. We intend on using hard money for this first deal; however will have very litt...
Frances Regalado
50/50 Profit Split JV Agmt - Should funder ask for loss allocation
Hi,
I wil be the potenital funding/money partner for 50% of profits on a flip.
I've asked for the other partners to assume 50% of the loss if the deal goes south and to write this into the JV. They said...
Lance Castillo
The Third R in BRRRR???
I am going to give some hypothetical numbers to illustrate my question. Say I was able to buy a $100,000 property that needed about $20,000 in rehab to get to a good state for renting. Say I used a commercial loan to ...