Alejandro Antonio Taylor JR
Best way to have commitment from investors for Multifamily deals
Hey guys hope all of you are well and are staying safe during these times.I had a question about partnering with investors in large Multifamily apartment investment deals. I wanted to know what is the best way to have...
Russ McKelvey
Due Diligence: What Do I Look for in Title Documents?
If I am buying a property through escrow (in CO), and get title insurance, what should I be looking for from a clean title perspective? What do I look for in the preliminary title report?
My thoughts after readin...
James Allen
Making Offers with OPM - Private Equity Partnerships
Hi BP Community,I am looking to partner with people on Long term Buy & Holds (1-4 units at the moment) and I'm finding myself in a bit of a dilemma as I'm trying systematize this process. I realize that for me to ...
Juan Carlos Gastelum
Origination Fee for a Commercial Property Loan
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
David Weintraub
PA "Title Binder" Questions
I've received a question on this, and researched it myself, but not having much success.When a property in foreclosure is purchased at Sheriff's sale in Philly/Bucks/Montco/Delco, etc, puts down 10%, the purchaser has...
Chan K.
discharge not record at the registry of deed
Hello Everyone,Quick question:I am in the process of closing on a primary single family residence. Apparently, according to my lender/closing attorney, the seller's lender sent the discharge paperwork to the seller li...
Jonathan Barr
Having challenges raising capital during COVID for active deals?
Hi BP community,I wanted to share my experience working on funding my first larger syndication 71 unit apartment deal. I had about almost 3 times the amount needed in verbal commitments. When push came to shove mor...
Peter K.
WHY are closing costs so expensive?!
I'm bleeding money on closing right now. Background story is have a 65K house under contract. 20% down so takes 13K out. Closing costs total $4,271 !! That is 6.6% Total, diming out 17.2K in cash. I thought closing co...
Laurent Spira
I'm just starting in re
Hello everyone. I'm just starting to invest in re and dont know much about it.What is the best way to learn abut it?
Nicole Bryan
Short sale to foreclose in less than one week. Need advise to save the deal please!
Hello!
I have an offer on a short sale that is scheduled to foreclose on 9/6. The commitment letter came in yesterday and there are several items that need to be taken care of prior to closing. The issue is t...