Ken Yearwood
Discount for 100% cash purchase?
I have heard of instances where investors include a "discount" in their offer/purchase price for purchasing properties with 100% cash.
If this is common practice, what kind of discount are we talking? A percentage? O...
Phil Petite
Meeting with Private Lender - Advice Needed!
Hello BP!I have a meeting tomorrow with a close friend of mine, who has deep pockets, and I'd like to run the idea by him of investing together. I'd love to do some rental deals with him, but I'm unsure of how to stru...
Adrian Hernandez
Contractor with a deal.
My parents are selling the house through me(real estate agent and contractor). They agreed to let me flip their house. They owe 55k and the ARV is close to or above 175k. Repairs are at most 50k, since the last remode...
Marvin Meng
First hard money loan
Hello all! I just finished my first serious rehab. It wound up being a lot more complicated, expensive and time-consuming than I expected but it's finally done. I've kept meticulous notes and all receipts. Had this be...
Brad Fitzpatrick
Creative Purchase/Financing Help!!
I'm trying to buy a bank owned property that is probably 50% finished and needs a lot of work done. Any creative ideas on how to finance this? I was thinking about how I could get the bank to agree on a purchase pri...
Jeff Barnes
Advertising for Private Money
As investors we are always hindered by how to get the money. Well, the SEC made it a little bit easier...sort of. We can now solicit accredited investors for private offerings, but the remaining rules of Regulation ...
Brandon Craig
First Syndication Deal
Hi All,I found a friend in my martial arts class that has been in real estate for 10 years. They are raising capital for a 506b (family and friends unaccredited) hybrid deal (in another state) that includes an apartme...
Bill Leonard
Private Money Lending 2nd Position Advice Welcomed
Will try to be brief. My stepson has done very well for himself over the past couple of decades, has set a very healthy amount of funds aside, formed a RE investment company, and structured it properly to access the ...
Bret Bordwell
Is your local bank lending to value?
Every bank I have asked, will only make loans based on purchase price. So, it doesn't matter how great a deal I find, I still need 20% of the purchase price. (plus closing and fees, etc.)
My question is... Am I not a...
Callum K.
Renters with Ferrets
Good morning,
I received an application for renters with ferrets and I am unfamiliar with the kind of impact ferrets have on homes. I know cats urine is bad for homes, and large (especially aggressive) dogs can be as...