Chris D.
Raising Capital for a 100 unit complex, confused on something....
ok, so i am a little confused on this raising capital for a down payment, maybe someone can explain it to me how it works. There is a 100 unit apartment complex for 6 million. I would have to put down 25%, so I would ...
Jamaal Garrett
Existing Property as collateral for a new purchase
Hello,I am a investor and licensed broker. I am negotiating a purchase of a mixed unit property (consisting of 4 residential units and 1 commercial space0. I currently own 3 single family rentals and wanted to use one...
Cody Lown
Owner leaving property management company. Where does deposit go?
Hi,
I've got a general question that I could not find on here. I apologize if it has been asked previously. Generally speaking, if a rental owner decides to end his/her professional relationship with a property manag...
Andy Gill
How to accelerate distribution of excess funds after foreclosure
I bought an HOA foreclosure at auction and paid about 24k over the foreclosure amount. The attorney representing a mortgage lien on the house is being coy, saying that they'll send me a payoff for the full mortgage am...
Emilio Ramirez
Sanger Financial
So is this a scam? Because it sounds to good to be true. How do you vet a company like this? If you google Sanger Financial their webpage will come up.
Thanks,
Joint Venture
Acquisition and Development Funding
1...
Kevin Pruitt
Hard Money Guidelines Question
Hello BP community! I am in the process of looking to purchase a home/homes from the Sheriff Sale Auction in my county/surrounding counties, and was curious how Hard Money Lenders work with these types of transactions...
Daniel O.
Hard Money Lenders
How does a commitment letter written by a hard money lender work? if a hard money lender writes a commitment letter for $180,000 will this be the total amount loaned? will it be cash given to the buyer or directly han...
Ryan Sarka
Brainstorming Ways to Reinvest Syndication Distributions? (SDIRA)
I know I should just ask a syndication attorney or CPA but I am wondering if anyone here has done this before - been able to set up a syndication in such a way that distributions can be reinvested into a deal?Let me c...
Micah Grant
Private lender down payment and DSCR loan
My wife and have just purchased our first two investment properties with traditional financing and capital. We will be looking at a large multi family unit this weekend but would need about 139,000 for the down paymen...
Account Closed
Turn Key Type 1 vs Turn Key Type 2 - Be sure you know the Diff
There are a lot of people asking questions about Turnkey recently because acquisition costs are so high in CA IL NY WA OR and parts of TX. The key to making money by buying a Turnkey is knowing your costs and knowing ...