I went on Sean Whalen's Detroit Investor Summit Bus tour. He was trying to sell us "Quitclaim Deed" properties that cash flow. When asked about the contract Sean told us that was a mistake. I call BS.Peak Potentials p...
Good Afternoon,Things are progressing nicely on bringing Whalen and Morris to justice.We have hear from a couple of hundred Indianapolis victims but I know they are running the scam in Ohio, Michigan, Kentucky, Tennes...
Many books that I read have mentioned about making an apartment deal with a 80-20 loan structure. Some of them even suggested the 20% down can be using private money and some could be carried back by the seller. I pok...
Hi BP folks!I want advice on a lender that I might be working with. She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking...
Hey all, I am new to bigger pockets and am excited to have found a forum with other property investors in the area. I am 3 deals in so far and am loving investing in rental properties. I have personally set a goal to ...
Hi All, A newer investor here. I'm looking to accelerate my growth here and I'm currently eyeing a 10 unit apt building in Indiana and I'm running into challenges with finding a lender. Probably because I'm not lookin...
Is there a capital stack on a non-recourse loan? If they say 65% of the capital stack are they saying that 65% of the property will be non-recourse?
I'd like to hear what people are being quoted for conventional investor money and also 5, 10, 20 yr commercial money. Thanks!
Has anyone been successful taking taking in their entity's name with a personal guarantee lately? If so, who was your lender and what were the EXACT STEPS you took to do it? I am mainly interested in whether or not ...
Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?
I s...