Robert Clifford
Have you used a Performance Deed
I was approached by a wholesaler who wants to buy one of my Airbnb properties. I've bought with seller financing, but haven't been on this side of the transaction. The seller is going to give me a note above the amo...
David Moore
Structure a Private Money deal
What is a typical way of structuring a private loan for a flip, specifically on the repayment side? I am the borrower and want to approach some individuals I know about investing with me. I want to be ready to la...
Lara Taylor
Wants 10k wired or cashier check before able to draw up docs?
Revived a offer from a HML on a new construction loan. The loan is for 2.2 million. I do not have any of the terms or conditions. They would like for me to send the money before they will draft a loan..."Upon receipt ...
Danny N.
Criteria To Obtain Financing For This MultiFamily Deal In Houston
Multi Unit For SaleI would like to purchase this rental property above. I have up to $350k to use as a downpayment, the property can be had for $1.3M the realtor told me, it is 14 units and doing close to $15,000/mo g...
Zhenya Levchenko
Buying in Los Angeles and partnering with someone
Hello everyone,I am new to this site and wanted to say hello. My partner and I are looking to move in together (we are currently renting), and due to very expensive rents in Los Angeles, I am considering to buy. I kno...
Mike M.
use of LLCs for holding rental properties
I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...
Marshall Hooper
PM is keeping security deposits rather than charging monthly fee
I'm looking into buying a portfolio of duplexes and when I asked what the PM fee was, the owner told me that the PM keeps the security deposits as her compensation instead of charging him a monthly fee. He also said s...
Loren Whitney
Locking rates on new construction
Hey all,
This should be a quick one. When building a new home, how early can one expect to lock-in an interest rate? I know most locks are 30-60 days but does that differ with new construction? The home in question w...
Anja Brey
Turnkey companies for SDIRA
Hi BP, Has anyone used a turnkey company with financing in place to purchase RE in a SDIRA? If yes, which company have you used and would you recommend them?I recently heard about Ron Blum and Express Realty Company. ...
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Obtaining clients year round
What is the fastest way to build your client base if you are new to becoming a loan officer.