Is it possible to get a loan to purchase a percentage of equity on a property? The primary owner of this mobile home park would remain in place, and I would be looking to buy out his partner to become the new minority...
Hey everyone! I’m very new to the BP community. I currently have two rental properties that net me positive cash flow. I am trying to figure out the next steps. I like the BRRR method but, despite reading a book on th...
Hi All,New to BP and have enjoyed reading posts and connecting with BP'ers! I am from the SF Bay Area.I am looking to build and ADU however my city has a restrictive ordinance on size i.e. 475sq feet & max 1 bedro...
Selling @ $500kLender providing $490kCan the remaining $10k be carried by seller?If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a lien on the house?
I am interested in the BRRRR method. I do not have a property lined up yet and thats because I want to understand the method as best as I can before jumping in.The part of BRRRR that I would like to learn more about i...
Hi all, I just took my real estate exam for Washington state and passed the national portion only. I have been looking for study material to pass the state portion but have had no luck finding anything that would help...
Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...
I have been paying cash for homes but just took out a HELOC to start utilizing the BRRRR method. This is my first attempt and I could really use some advice. I am worried about over rehabbing and then also worried abo...
I’m confused about how to coordinate the 75 and 15 hour portions of the Illinois broker exam. I bought the 75 hour pre-license self study course. I’ve read everything and I’m taking and reviewing the practice tests in...
Can someone explain the refinance portion of the BRRRR strategy and how it allows you to (ideally) gain back all the cash you initially put into property while still maintaining equity? Examples or personal stories wi...