David Serna
Hard money lenders Halting their activity. Does it make sense?
A couple of the bigger HM lenders that took care of my clients in the past are now pulling out of the game and re-assessing their loans. Some of them even mentioned that they might even raise rates to as high as 14% (...
Mark Nolan
Lenders at 5-10% down on investment property
Hi BP!I own 3 multi-families in the greater Boston area (2 duplexes in Watertown, One Duplex in Brighton) and I'm looking to expand my portfolio.There are several properties I've been looking at where I can afford the...
Christopher Nemlich
LLC or Individual for Rental Loan
Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an...
Aaron Crow
Sellers Market
I am in a very hot market, and properties are hard to find and when you do find them there are a lot of other people looking at the same properties. I found one today on a site and the price went up 25k before I jump...
Jim L.
below-market deals and "undue influence"
A sale contract can be voided, at the seller's discretion, if the seller was "unduly influenced" by the buyer. As I understand it, "insufficient consideration" (e.g., purchase price well below market value) alone can...
Ivan Velazquez
Buying a multi family lot
Hello everyone,
I see not many new multifamily places popping up here in Phoenix.. I've been thinking of buying a lot that is zoned MF and building a basic duplex. This would be a long term play and the idea is th...
Anthony Horner
Where to Purchase for Rent by the Room SFR in San Diego?
Inspired by BP episode #392 with Todd Baldwin where he discusses purchasing property in expensive markets with high population density and strong job market. To overcome the high prices, he rents the properties by the...
Dennis P.
Investing in apartments not as a leading parner
Hello, I am studying how to invest in apartment complexes. It is my understanding that some REI groups/meet-ups offer group buying (a syndicate?), in which one investor becomes the lead and others simply contribute fu...
Chris Nguyen
New to BP! Beginner Investor from Southern California need some advice
Hello everyone!I'm new to BP and very excited that I found this forum. I reside in Orange County, CA and have been looking for the past couple months for rental properties that has positive cash flow and I plan to buy...
David Li
Utah market analysis
Hello everyone, it’s a weird time we r in. I’m just wondering what’s ur thoughts on the Utah local real estate going forward? Any opinions r much appreciated :)