Drew C Grossman
Self storage florida
Hello! I am currently looking to acquire a 20-35k sqft self storage facility in Florida. I am very familiar with the state but aim to narrow down strong locations where I can find a smaller facility! I would love to c...
Mark Updegraff
bought my first foreclosure yesterday, despite BP advice ;c}
Well, first off I just reached one of my 2010 goals - to purchase a foreclosure on the court house steps!
I've been going to all auctions with meat and watching the big boys bump knuckles. You know, the stuff in the...
Ryan McElroy
What DONT property managers do??
When your at the point of hiring a property manager to run your apartment complex, what things do they typically NOT DO? In other words, what things would i still be required to do to keep my investment running smooth...
Dave Johnson
looking for help
my lease is up in a month I want to buy a home but my bankruptcy doesn't hit it's two years Mark until August 12th. My apartment complex will not let me do month to month and I do not want to sign another lease for a...
Aaron Phillips
Credit Union FHA Loan Process?
Hello BP,I’m currently residing in WV but there is an acre of land back in my hometown of the Greater Cincinnati area that I plan on buying and developing on later in an upcoming area. The plan is to put an offer on t...
Linda Pasas
Creative Financing in Florida
Hello, I'm looking to purchase 3 single family homes from the same Seller. I would love to package these together in one loan. Does anyone know of a lender who will finance something like that? Thanks!
Pavel Shemyakin
A question for lenders.
Hi, I had a question about loan assumptions. After reading through a lot of threads on BP, it seems as the general consensus is that most financial institutions will exercise alienation clause when they find out that ...
Jeff Smith
Subject to vs. Wholesaling
How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
Natalie Kolodij
Tell me about a time when your LLC saved you...
We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
Josiah Mosley
House hacking
I am wanting to house hack a duplex in Kansas City that is currently listed for 114k. This would be my first purchase as a REI. The problem is that I am fresh out of college with no full-time job or steady income yet ...