Joshua Manning
Equity Financing an LLC for RE Investing
Hey Guys, So I've been trying to discover a way to raise capital for real estate investing using other peoples money. And after consulting with multiple lenders I now know that most banks wont lend on a property if t...
Account Closed
Trading my homes equity for your Hard money
Hey there BP community,Christian here, Quick Question. Can you use your personal homes equity as "skin in the game" in a hard money loan?I have been trying to improve my credit to a point where i can get the equity ou...
Pete Sailhamer
Seller Carryback Workaround?
Hey everybody. I am looking into purchasing another multifamily and wanted to ask the seller to carryback 10% of the loan to help with the down payment. But when I checked with my lender, they only will lend with a ...
Anthony Johnson
Using Primary to Get Started!!
Hello BP,Simple question to all: Would you sell you primary residence in order to pull out ALL of the equity and then use it to invest in real estate?
Andy Brown
Loan terms with family and friends for buy and hold down payment?
Team,
I'm interested in hearing how people have/might structure deals with family and friends for buy and hold. To add some detail, say I'm seeking 50k to go towards down payments on 2-4 unit midwest properties that ...
Rick Howell
Your First Year In Real Estate
For any business, the first year is critical. What happens in the beginning shapes the direction your business will take in the future. That’s a lot of pressure. However, you need to strike a balance between managing ...
Sydney Rae
Separating Active Duty - Proof of Income
Greetings,
I am separating from Active Duty w/in 6 months. I am trying to buy a home & I have been pre-approved but the lender says that I will not be approved unless I show that I am either going to re-enlist or...
Michael Wagner
Paid contractor more than he finished before going to JAIL....?
Paid contractor a total of $4400 out of $6600 total job cost (partial basement finishing). He did some basic framing, hung drywall (not well). He was supposed to also finish all mudding, hang two doors and install dr...
Sean Rogers
Legal questions and long term strategy
What is the best way to find an experienced real estate lawyer or tax accountant that can advise me through general questions? I turned to google but don't know if that is the best approach? I have two properties and ...
CL Ziegler
Ins. Claim on rental prop - Is it ever okay?
I have heard this is a no no, but I don't recall ever hearing why it's bad.I have confirmed hail damage on three roofs. Is there a down side if I file these as a claim? Am I guaranteed the policy will be cancelled? I ...