Luisa Morejon
What to do with the proceeds of the sale of my home?
Hi everyone,My husband and I will be downsizing from our primary home into a townhome that we own as an investment property currently. Since we will be selling our primary property which we have lived in for 15 years ...
Brian Fabel
Partnership after closing? Can it be done?
We (my wife and I) had been looking for a partner to go in on a property, but couldn’t find one, so moved forward; we made an offer on a second home that we will also use for AirBnb short term rental when not using o...
MIchael McCUe
What do the majority of commercial and industrial properties use for financing ?
I’ve always wanted to know Interest only ? Or conventional ?
Collin Bo Nixon
Partner. Capital. Slow down or keep pushing?
I’m 24 in Oklahoma working on my second deal. My first one was a primary residence that’s I turned into a rental. The deal I have under contract now is on an investment loan with a 50/50 partner. In 6 months my curren...
Marcus Daniels
When is doing a cash out refinance not the best route to take?
Hello all,I am in the process of doing a cash out refinance. In this process, I would be losing $200 of cashflow to pull out roughly $35K. The property would still be cashflow positive with the lose of the $200. A y...
Jason Howell
Incentivizing yourself during a deal (re: BP #221 w/ Tim Shiner)
Hi all! I am re-listening to the BP podcast episode #211 with Tim Shiner which was so information dense. He touched on one thing that struck me, but didn't go further into depth on it, so I thought maybe someone else ...
Manuel Angeles
Affordable Housing Development Capital Stack Structures
When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...
A Nonymous
Second mortgage is a personal note - now what?
Does anyone have experience negotiating a short sale in which the second note holder is a personal note (i.e. not a financial institution).
We've reached an agreement with the bank, but the person who holds the secon...
Glenn Earl Adkins Jr
Foreclosure Starting Over Advice
So I'm in the end process of foreclosure I believe and I'm not sure exactly what my plan should be after this. I have coworkers suggesting I file bankruptcy because I have a foreclosure on my record and that's what th...
Mindy Jensen
Looking for ways to repair credit
What is your favorite way to repair credit? Have you used a certain strategy that worked really well/increased your score significantly?I'm not looking for the credit repair equivalent of a get rich quick scheme. I'm ...