I'm in need of some info regarding how banks or loan officers calculate one's eligibility for a loan. i want to know what the criteria are, hypothetical examples of this would be wonderful. thanks in advance.P.S. any ...

Hypothetical financing question for the group. I’m not looking for lenders, just looking to unpack this scenario.Assuming they are both achievable, is there currently merit in holding 5 duplexes and triplexes in a sin...

Hello all,I ran into a couple of 4 unit properties where it’s listed on the MLS as a 3 unit but has 4 electrical meters. LA code enforcement can be ridiculous so I’m curious about this.My question is how troublesome a...

There seems to be a whole lot of confusion on this subject on the interwebs, and I'm looking for some experience on this.Philadelphia zoning (and apparently a handful of other cities) define a family as "not to includ...

Hey everyone,I'm looking to buy a new rental property out of state with a partner to access more capital. Does anyone have experience doing this? I've been told LLCs are the best way to go about that nowadays, but can...

Hi everyone, I am new here. I am trying to buy a TIC (tenant in common) and I wonder if anyone can share any insights for percentage ownership interest. The TIC is the last unit in the building, but the ownership perc...

What are the biggest challenges you face as a private money borrower? What strategies have you found effective for overcoming these obstacles? Let's share our experiences and learn from each other's successes and chal...

Have you ever seen a broker or an equity raiser being compensated by giving them a share of the equity of the deal as opposed to a simple cash commission?If so, what would that look like?Two different scenarios have r...

Something that's kind of been tickling the back of my brain for a while.Two common themes of BP, and REI in general:1) "You make money when you BUY real estate, not when you sell. Whatever money you 'earn' when you se...

I found an off market deal with a seller who is willing to do owner financing. The seller disclosed the property sits on two easements, one for a water drain and the other for sewer. I am concerned with being able to ...