hi everyone - I am happy to have joined the community. I am a part-time investor with aspirations to grow my portfolio using alternative financing methods over the next few years.Looking forward to learning with/fro...
I just completed another owner finance sale. I purchased a 3/2 mobile home on a corner lot in Pleasanton Texas, all in a at $40K. Sold it for $59,500 with $5K down at 10% interest for 360 months. Now I will find an in...
Hello Fellow BP Buddies,I work in capital markets for a very large private real estate development company, and my job entails addressing the needs of our various projects from a capitalization perspective (primarily ...
Hey guys, Should be getting an 8 unit under contract in the next day or 2. Its bringing in 4500+/month, taxes are about 5k annually, new roof within 5 years, heavily screened tenants, 3 units have been updated. Im sti...
I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
I can provide more specifics via direct message. I have it under contract with the seller carrying a significant portion as a second. I am hoping to bring someone in with more experience and some relationships with p...
Hi BP,I'm looking for some input regarding refinancing one of my rentals.Background, I have 2 investment properties, one owned in my name and one owned in an entity. The personally owned property has a HELOC against i...
Hi All, Contemplating making an offer on a new 12-unit apartment building. Below are the vitals, would appreciate any thoughts. Purchase Price: $710,000 +/-Units: 12 (All 850 SF 2 bed / 1 Bath units)Current Monthly...
I have kind of an interesting situation. A few years ago I leased a very large warehouse for my business at a very good price. I didn't need all the space, so I built a smaller unit inside and subleased part of it. I ...
First National Acceptance Company(Lansing MI) is offering to purchase my private mortgage. I'm considering it, but not sure of the process. The mortgage is about 4 yrs old with 6 yrs left. Any experience or sug...