Hello BP community,Not sure if this is the right forum.While looking for all my creative finance options I came across the terms Recourse Loans and Non-Recourse Loans.My understanding is Recourse requires collateral (...

There is a self storage facility for sale near where I live. The facility is right near the interstate. Part of the sale includes and additional 2 acres of land which is right beside the facility. The price is $600,00...

The bank dropped a new excel in my lap after our last round of deals. The excel is labeled as "Stabilization Report". They asked us to submit it each time we do another round of lending.It is nothing really fancy. You...

Hello chat, I am currently interested in an acre lot here in Texas. I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.On...

I'm buying a package deal which consists of a Multifamily property that has a vacant lot with it from a relative. Is it possible to use the vacant lot as collateral or is there a way to include the lot in financing?

Anyone ever heard of a promissory note?

Hello everyone,Some of you may have seen my posts about a month ago looking to get into a Duplex in a Condo Association that had questionable financials. Decided to not go that route, and instead partner with a few fr...

I have just under 100K to invest. I am trying to decide the best approach?Should I just put that in mutual funds or is real estate a good investment? 

Hi.  Tenant wants to buy a share of my building.  But this building is used as collateral on another deal of mine.  Can I sell half of it?   What are the rules about selling assets that are used as collateral?They wan...

Not sure this is the right section but would appreciate your thoughts. For reasons immaterial to this question, another investor agreed to pay be $500 per month every month for 30 years. He will keep his word but, if ...