At what point does the SEC get involved when it comes to partnering? I hear sydicators mention SEC rules around their deals. But if I were to raise money for a sfr, or small multi family, could I not just form an LLC ...
Since I'm using this as a first and introductory post I'll warn you up front it may be a long one. ;)
First some background. I'm a newb at the "investing" part of real estate. I've owned my own homes (and lost one i...
How do I wholesale foreclosure/ auction houses? I hear around that it’s possible, but wouldn’t I have to pay up front if i win the bid?
Hi all, I am looking at a property which currently has 3 residential units on a 7,200 sq ft lot. The updated zoning allows it to have MUCH higher density and it is right on the main street. The requirement is that the...
I recently purchased a 3-unit rental property in the Rochester, Ny and used conventional lending (bank loan with 75% LTV, 30 year fixed, 4.25% interest), I quickly learned this strategy has high closing costs (~8% of ...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
The show starts tonight, and is one of my favorites!
I thought it would be great to share our observations and comments here on BP if anybody is interested!
I rented to a guy in Feb. All of his references checked, had a good local job, was divorced but getting remarried, plus he was a nice guy. I have three things I emphasize...Rent is due on the first, no pets, no smok...
My wife and I own a few properties and would love nothing more than to establish an entity to protect ourselves and our assets. our problem so far has been that since our properties are all mortgaged, we would be afra...
So I've decided that I'm going to go to a few auctions just to see the process and hopefully how some homes are evaluated but I have no idea as to how I actually go to one..Is there a certain time (or day) when auctio...