Conor Duffin
hard money lending in new york
Hi bp gang!
found an awesome investment opportunity in the new york area. multifamily 3 over 1. It's a little risky because I've been furloughed with the virus, but i was thinking of pulling a hard money loan ( refin...
Salvatore Ross
Deposits and Fees
Is anyone charging a security deposit for guests? If so, how much and why? Is anyone charging a fee for pets? Or baking it into the nightly rate and/or cleaning fee?
Account Closed
Finally someone helping tenants AND landlords!
Have y’all seen this?We all know tech is disrupting nearly EVERY sector to its core. As a mortgage broker it’s something I think of daily, keeping in the back of my mind.It awesome that the software company I use to m...
Michael Campbell
Can't use a private money loan for down payment
I've tried several times to get a loan for an investment property and each loan officer is telling me I can't use private money for the down payment. How else am I supposed to come up with a down payment? I don't un...
Thurben James
Would you prefer a debt partnership or Equity partnership with your investors?
So I was talking with my mentor about acquiring a property to boost my networth. So he proposed an idea I've not heard before which was raising capital from investors and having your investors be treated as 2nd positi...
Rob Dahlager
38 Unit + 3 Acres Financing
I have a deal question - quick scenario. Have an opportunity for a 38 unit prop that has 3+ acres for further development, which has received all approvals and rights to add an additional 28 units. There is a privat...
Blake Donald
Calling all investors (Newbie Questions when first starting out)
After much research I recently purchased my first home as a primary residence.FYI (Purchase Price - $132,500 Renovations - $ 34,000Appraised at $190,000 before renovationsI think I did a decent deal for my first time ...
Tomiko Graves
HML one-time deposits?
Is it standard for HMLs to ask for a one-time deposit of $3500 that includes: 1) evaluators going out to property to determine whether it's a good deal, 2) enrollment fee and 3) "skin in the game"?
Ndy Onyido
What is the ideal annual property management and vacancy rate?
BP Nation,I am considering picking up an investment property from a turnkey company. Turnkey, because I am an out of town investor. However, the terms include 10% management and vacancy rate, which I find absurd. Does...
Chris Gregory
Looking for a coach to help me build my plan.
Hello I am looking to get back into real estate investing after a decade. I live in Austin Texas and now have some money to leverage to begin buying property. I am looking for a seasoned investor to help me build ou...