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Results (64)
John Anderson Sean Whalen and Detroit Investor Summit - Scam or Legit?
13 April 2015 | 3 replies

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...

Aleks Gifford Oceanpoint and other companies owned by Whalen and Morris
26 March 2019 | 14 replies

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...

Carlo C. Any apartment lenders that can do 80/20 these days?
5 August 2016 | 25 replies

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...

Maisa Vahedi Lender Advice
21 July 2016 | 25 replies

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...

Seth Wahle Huntsville/ Decatur Al newbie
19 January 2020 | 11 replies

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 ...

Keith Rorer Small apt/multi-family lender needed
28 February 2017 | 18 replies

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...

Thomas Alexander Non-Recourse Loan Capital Stack
15 February 2014 | 7 replies

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?

Cheryl C. What are you being quoted for mortgage money?
8 June 2012 | 7 replies

I'd like to hear what people are being quoted for conventional investor money and also 5, 10, 20 yr commercial money. Thanks!

Bryan Hancock Taking Title To SFRs in your Entity's Name With Personal Guarantee - 2011
30 January 2011 | 9 replies

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 ...

Dave Pl Avoiding personal guarantees on large properties
12 November 2012 | 6 replies

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...