We are buying a $16M 10% cap rate assisted facility with 100% debt and the only outstanding piece is a guarantor for the 2nd position mezzanine financing.Here is our capital stack:80% 1st position non recourse debt - ...
Hey BP community!! I am looking for local investors in the Houston area. Would love to connect with like-minded individuals and hunt down RE deals. Please message me or comment if you interested.
My parents are looking at partnering with me and my wife on a triplex. I am going to be living in one of the units to be able to qualify for an FHA loan. My parents want to be able to gift me the money for the down pa...
How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account? What has been the easiest.
I just read this article
http://fieldguide.reitactics.com/articles/if-you-wholesale-protect-yourself
and it talks about how if the investor that we assign the contract to screws up/goes bankrupt then we can be sued by...
I have finally decided to go on and make my first real estate investment. I have my eyes on this 3 family unit. I do not have the necessary funds for the transaction, do I make an offer to the seller or get the financ...
I have a contract for a fix and flip house but I figured out the arv is much lower than I thought. Can I back out of my contract with the seller with no repercussions? If not what are the common contingencies?
Is there a book I can read - I need to learn what I need to know in joining a real estate limited partnership. Thanks
Is it possible to get a cashout refinance / one HELOC for my entire portfolio? If so what would be the best way to proceed? I want to use the combined equity to put down on an off-market commercial deal.
I've been learning about flipping houses for the last six months and I'm finally ready to get started. I've been an IT and Construction project manager for years so I've put together a really good team consisting of ...