Ryan Weimer
Lender backed out after closing docs signed
Was supposed to close on a 4 plex Friday 3/20. Final closing docs were late getting out to me but were signed on 3/19 evening and shipped the next morning. Disbursement date on the docs was 3/20. The docs did not a...
Kim Newman Kanney
Retiree considering real estate investment. Crazy thinking?
I am in the process of selling a piece of farm ground. I want to diversify as well as keep this money in tangible assets. I'm 62. All of our income at this point comes from pensions, annuities, etc. Am I crazy to be ...
Bob Malecki
Are fractionalized deed of trusts allowed in Washington state?
As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
Chad C.
Are these good terms for a HELOC?
I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
Ryan O'Leary
Investment Strategy Advice
Good afternoon BP family. Wanted to share my current situation and gather some advice. BLUF: Do I sell my current property to pay off another so that I can take a massive HELOC out to BRRRR a multi-family home every y...
Michael Abernathy
Sell rental with positive cash flow to invest in more properties
Hello everyone,A quick down and dirty about myself. I live in Jacksonville, FL., work in IT and am currently finishing up my MBA. I have a rental property in Virginia Beach, VA that I bought over ten years ago. For...
Ricky Brown
Developing Land & New Construction
I have a potential deal with a 6 acre lot and wanting to learn more about getting new homes built on the land. There have been several new homes built on that road in the past 5 years. There are some nice homes and du...
Alex Skeg
What do I need to know before diving into NNN lease investing
Coming from owning only multifamily properties, what do I need to know or where can I find info on what goes into owning/operating a building with NNN leases?I am looking for multi-tenant commercial retail/shopping ce...
Nick Ferguson
How to put money into LLC without "co-mingling"
Hello All, I have a newly formed LLC that I'm going to use to manage my one current rental property and all future rentals that I hope to begin acquiring in 2017. I just formed the LLC and opened up banking accounts ...
Angel Vargas
Peter Conti's - Commercial Dream Partner?
Hello All - Currently doing single family rehabs but want to get into commercial properties. Based on the magnitude of investments and risks, I think that finding a mentor is the way to go. I am tossing around enterin...