Michael Babin
My offer on a duplex
So I put an offer on a duplex unit for full asking price and asked the seller to lend me the down payment at 6% simple interest loan to be paid I treat only for 18 months with the full payment of loan plus interest d...
Derrell H Desir
Property Mgmt!! On the side?
I live in Massachusetts. I've been managing properties for a development company for almost a year. Its my first position in this field. Am I allowed to offer my personal services and knowledge to other owners on the ...
Ryan Gettelfinger
Creative Finance Q - Combining Multiple Investors in 1 Deal?
Hello BP. I need some help figuring out my options in taking down this deal. There is triplex that I want to buy at roughly 110-120k. I have a commitment from a private money investor for 65k on a balloon loan for a ...
Jack Middleton
First commercial offer. Need opinion.
I have decided to make an offer on a 5-Plex. Since I have never delt with commercial properties I am not sure how to structure the deal, or if it would be acceptable for the seller to help me with the down payment. ...
Marcee Stephenson
How much cash flow do you want?
My investments consist of SFH and duplexes in the price range of $40-$60K. Most of the units cash flow $190-$250 per unit. Our cash position in these is 20-25%.
I've been approached about buying a huge duplex (2269...
David Haan
garage ADU conversions for house hacking in SoCal
Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage. I have enough for 20% down, but rather I will put 10% down and save the remaining 1...
Charlie John
How do Hard Money lenders react to flips going over budget?
Hey BP,I am currently working on a fix and flip where the budget started at 80k before demo and figuring out what to do (old house with funky floor plan). Purchase was 80k. House is 3/2 bath 1800 sq ft. Reno budget is...
John Liao
Accessory Dwelling Units (ADUs) (<900 SF) to be built by-right
Hi All -A bill was recently passed to allow Accessory Dwelling Units (ADUs) (<900 SF) to be built by-right in single-family zoning districts.https://www.mass.gov/info-details/accessory-dwelling-unitsMy understandin...
Lauren Huskey
Short Term Lease?
I am currently trying to rent my home out, as we are purchasing a new home that will be built and ready to close towards the end of July. We are leaving June 10th to go on a summer road trip until then. I am really ...
Justin Moser
Help w Legal action against HOA
Hello allI am looking for the right legal help and any helpful experience to take action against a HOA in the Poconos overstepping their authority against STR owners. Any help is appreciated.