For a commercial medical building:BasicsBuilding Purchase Price: $4,000,000Building Appraisal: $4,300,000Estimated Deal Term: 10 yearsSenior Debt: 3 millionEquity Raise: $1,000,000Acquisition Costs: $85,000MP Contribu...
Hi I live outside the us. In my country banks are really sceptical to seller financing because they want to see skin in the game. What are some ways to overcome this? Im looking at a deal where the seller wants 70% do...
Hello!, I am new to bigger pockets. The wealth of information is dizzying to say the least. I am currently looking at my first rental investment. I have ran the #'s and the cash to cash return is pretty good (about 3...
Please elaborate for me, the partner relationship of Builder and Private Money Investor, that is so elusive. ? One deal in particular: I had the opportunity of working 50/50 on net profits, with a private money inves...
Is it fair to expect a lender-- ANY lender-- to put up 100% of the loan? No, and none of the dozens of lenders I work with will allow someone a loan without some skin the the game of at least 10%. Some require more.Th...
I am just starting my career as a property manager in the Philadelphia Market.
is there any advice that you are willing to share that makes your property manager stand out?
good and/or bad?
suggestions on meeting ...
I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...
Hello BP,My wife and I have recently created our LLC and have been fortunate enough to have some skin in the game to start out. We are currently seeking recomendations for any HML in the Hampton Road area with fair in...
Good morning. Newbie question here. Is there a particular book that is the go-to book/resource on syndication, or 100% equity investments? Particularly, I want to structure deals that are 100% financed by equity inves...
Looking for thoughts…I was approached by a contractor to partner up on deals. He is looking to source deals for me. However, he wants me to still pay him the rehab cost for the project and then split the profit with h...