Donna Greene
Help with 42 unit pruchase
I am a newbe and came across a 42 unit AA property that may be a great buy. Is there anyone thats willing to walk me through the process?
Dylan Rogers
BRRRR or seller finance?
I’m about to finish my first BRRRR deal and have an opportunity to purchase a few properties from a seller through seller finance. They want 10% down, 9.5% interest over 30 years. Now clearly that’s a lot of interest ...
Shane Crockett
Improving Asset Class to Reduce Cap Rate
I’m getting into MF investing and wanted to obtain feedback in regards to cap rates, specifically on how to improve (lower) them from the time you buy to the time you sell a property. My fear is that if I purchase a B...
Jeremy Bohnett
Loaning or Contributing to your Partnership LLC?
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...
Cameron Chapin
Deal analysis - Figuring out the first investment
Hey BP, so I'm fairly new to the real estate game but I am extremely eager to learn any and all information possible. I am having trouble seeing the big picture when it comes to deal analysis so any help would be much...
Andrew Michaud
Do these income/expense numbers work for this 3 unit multifamily?
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...
Tim Criswell
Prohibited Transactions with a Self-Directed IRA/LLC
Is it "IRS legal" to buy a distressed property with a self directed IRA-LLC, hire a contractor to do all of the rehab., hire an atty., a realtor and other third party services to process the documents, and put every p...
Sam G.
Advice on Financing For First Deal
Bottom line up front, I bought an acre in an urban setting. I re-zoned the property successfully, have full construction drawings and are nearing permit for 8 apartment units. I bought the land for $250k ($100k down a...
Jeff DiMarco
Refinancing vs using a partner's cash
My business partner and I bought 6 section 8 houses with my cash last September to start our real estate investment journey. I'm a remote cash source/investor while he is the boots on the ground. When one of the tenan...
Cody Schelsteder
Lending for beginners
Is it impossible to find a private lender to fund the full cost of a fix and flip? From purchase to rehab? I've been finding deals for the past year that i keep getting beat out on by people with cash offers. Is my be...