Khurram Mirza
Analyzing Syndication Deals
Hello BP community, Currently a Syndication and Private Equity enthusiast trying to evaluate MF apartment deals not just in terms of IRR, CoC etc. but also knowing whether the deal works from a capital stack perspecti...
Kevin McGarry
The Perfect List For REO's
If you could have the perfect list of contacts to aquire REO's from what woul it consist of? eg: title or companies........
Raleigh Lewis
Where can I borrow 15k?
Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...
Account Closed
Has your Proof Funds letter been greater than offer? Any problems
I'm trying to place an all-cash offer which requires a proof of funds letter. My offer is less than the list price. My bank balance is greater than the list price. My proof of funds letter will also confirm that I'm...
Christine Stefchak
Finance pros/cons - first investment -
Allentown , PAI currently own a home with about $25,000 in equity. The home will rent for $1,400-$1,500 a month and my mortgage/taxes are $800 a month. I want to buy a multi unit - keep current home - live in one unit...
Simon Cox
Account structure for property manager?
Hey everyone,I'm in the process of setting up a management agreement between myself and a fellow investor for a specific property. I needed some guidance as to the best way to set up the accounts related to the proper...
Chris Seveney
Some Due Diligence Basics on Note Investing
Recently, been seeing more and more online posts of performing mortgage notes on the secondary market as one-offs with a rise in individual investors presenting "anticipated returns". The numbers invited a closer insp...
Kelly Conrad
Thoughts on using HELOC to fund downpayment?
Looking to invest around Lake Nokomis/Richfield/Bloomington, MNI've been doing some reading, and with the prices in my area I don't have enough funds for a 20-25% downpayment for multi-family properties. I have almost...
Siale Havili
How do I dig to find out exactly how much owner want to away with
I have a homeowner who is elderly, separated from husband, daughter moved out 5 years ago and she’s been living in a 4 bd 2.5 ba 2800 sqft home by herself. She wants to downsize and is a motivated seller. She has a ba...
Joel Allison
Cross Collateral Loan Sniff Test
Situation: wanting to sell my primary house valued at $600,000 ($290k balance) for this $750,000 house that meets our specifications perfectly. The market is hot here in my area (Greater Seattle) and contingent offer ...