Hello,I am currently in the process of purchasing a multifamily and I have someone who is interested in doing a joint venture on this property with me. They willing to put down a 25% down payment. We plan to hold this...
I found a duplex and on Zillow it is valued at $550K. One unit needs a lot of works I am guessing arouns $50K. I think I can purchase the property between $350K-$375K. Would I want to arrange to do the rehab work bef...
Hey BiggerPockets Family,
I'm diving into a new venture in San Diego and could use your expertise on the financial setup. Here's the breakdown of our project:Acquisition Cost: $1MBuild-Out Expense: $1MFinancing Overh...
So I'm experienced enough to know that no good deed goes unpunished. I'm trying to figure out if there's a way set up some mutually beneficial agreement with someone who has really helped me in the past.
This...
I'm in my late 20s and have invested my own money in a few buy and hold properties that are profitable. I'm curious how you'd suggest structuring future RE investments with family or friend money... Flat rate of retur...
Has anyone heard of lenders offering a 10x line of credit based on a held CD?A friend in the flip business is currently negotiating to get a line of credit in the amount of 10 times the amount deposited in a CD and I’...
Does anyone see any legal pitfalls with offering to pay a seller $50K now, in one year, and in two years, for a total of $150K?No interest would be specified. No amortization schedule. No prepayment penalties.Obviou...
A friend and I are talking about partnering together on a deal where the most likely outcome is that we sell it via seller financing (because the buyers probably won't be able to get traditional financing).We are talk...
I have a seller who has a $26k lien on a house. if he wants to do a sub 2 financing and let me take over the payments, is that going to trigger the lien holders ability to collect on the lien?
My business partner and I currently have a tenant renting commercial space for her weight loss consulting business. She recently informed us that she offers emotional eating and counseling type services with a certif...