Ron Steele
Deal Scenario
60 unit apartmentPurchase Price: $1,000,0001st Lien: $300,000Seller Carry: $700,000 3-6 monthsAppraisal: $1million-1.4millionMy question is will a bank finance the first lien. i figured its pretty safe to them since ...
Daniel Maciag
Consider This Scenario
Consider the following scenario, presented by a question.Buyer 1 and Buyer 2 live in a low supply high demand multi family housing area. There are only 2 MF houses in this area. MF1 is priced at 1m and MF2 is priced a...
Bryan Elam
Owner Financing Scenario
I am currently in short term rental at my new duty station and a colleague owns the house I am staying in. She is really motivated to sell but is connected with a realtor already and the numbers don't work out for me ...
Brad McHatton
First timer scenario
Hello there, I'm getting ready to jump into this career/lifestyle and now I'm trying to "pencil" things out. For a little background I'm in Central Florida with a history in insurance and construction. So I'm thinkin...
Juan Carlos
Potential Deal Scenario
BP Community,
I am looking for your input on a potential deal. I am interest in buying a single family home to Fix & Flip or BRRRR. I will House Hack while rehab is taking place with a roommate to help out with t...
Blake Russell
First Property Scenario
I've only been on my journey researching for the past month chomping at the bit to get out there and buy a home...however my wife and I signed a purchase agreement back in January on a new house build so I decided to ...
Marquita Hightower
Finance Option Scenario
We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 70K (2 years worth) total in taxes because we are self employe...
Bradley Snyder
Partnership structure scenarios
Hello. I am just starting out and looking for partners. Can any one recommend a proper equity split in the below scenarios:
Scenario 1:
Partner 1 is a season real estate investor that has done several flips, BRRRRs,...
Lauren Alpert
1031 exchange scenario
I’m debating on selling my rental property (4plex) and utilizing a 1031 exchange to funnel the proceeds into a larger property (10+ units) to scale my portfolio, and retain some of the proceeds from the sale for futur...
Robert Lipscomb
Apartment Partnership Scenario
I'm trying to buy a 20-unit apartment complex in Southwest Missouri. The specifics on the value of the complex is the subject of another post. In this one, I want to get feedback on whether or not this partnership sce...