Chance Charlton
New investor looking for a multi family property in NC
I am a new investor looking for a multi family property in the Triad region of NC. What sources have you had good luck with find deals?What criteria or programs are you using to evaluate deals?I appreciate your time!
Nathan Platter
Hotel Acquisition! Lenders Needed
Asking for a friend:"I'm getting a couple of contracts on Hotels. High cap and high cash flowing properties. Looking for the best possible LTV. Lenders who can close quickly. I want to build a long-term relationship.T...
Jason Bourne
Local Budget Motel Problems
Hello everyone, I have this problem I am trying to solve for my parents. They own a local private motel in the state of Kansas and it is not doing good at all. My dad is having trouble with payments. There are no buye...
Matthew Keller
How does a Partnership work with BRRRR?
Hey guys!I have some questions about a partnership when completing a BRRRR. This is a general breakdown of how the deal could workBuy- I will find the deal, and we will both put money into the acquisition, my partner ...
Franky Aikens
High Cap Rate but Negative Cash flow possible?
Hi BP,I'm a REI newbie. Working out the numbers for a buy and hold opportunity in Philadelphia, PA. My calculations are netting out with a high cap rate but a small negative cashflow. Is this possible? I'm being ...
Sean S.
How are junior liens extinguished after foreclosure?
It's often stated that junior liens are extinguished or wiped out when a home is foreclosed upon. But what is the actual process for this? Does the trustee handle this? Or is it the County? Or who?
Johnny Situ
Rental Properties Investing Strategy in South Carolina
Hi BP Folks,Considering high properties tax rate and operation cost for rental properties in SC, what can you do to maximize your portfolio ROI in this area? I have a couple of rental properties in SC but the taxes fo...
Steven Hellinger
SDIRA partner or lend money
I am looking at a property with a group of friends that invest. I wanted to invest money into this from my SDIRA.We are set up as an LLC and I am one of the members ( I can change that as we did not purchase it yet). ...
Andre O.
Purchasing 10+ Years of Runway Strategy - Thoughts?
The above image is to get a clearer picture on finances on the below scenario.
Plan:
-Purchase 3/2/1 car garage townhome. Adhere to strict screening to provide great housing for two suitable tenants and myself....
James Feyler
Turning a SFH into a Duplex
Good evening, What issues, or problems would I have if I was to finish a basement of a house (close off and update the existing mother in law apartment) and turn it into a second unit in a SFR for rent either long ter...