Austin Clark
My First Syndication LP Deal
Investment Info:
Large multi-family (5+ units) commercial investment investment in Fayetteville.
Purchase price: $3,200,000
Cash invested: $25,000
Syndication deal as a LP.
What made you int...
Manah Watkins
What questions should I ask a general contractor?
I have a couple general contractors that I plan on calling, I only want to meet with one of them, so what questions should I be asking? What qualities should I be looking for? Are there any red flags that I should be ...
Marco Aceves
HELOC Shopping - Credit Impact
What I mean by the title:
When shopping around for a mortgage , there’s that 14 day window where you can apply as much and as many places as you want with only 1 hit to credit score. Is this the same for HELOCS or do...
Michael Montagna
Buying a home for the balance of an existing mortgage.
In New Jersey, are there any red flags that would be raised if someone were to purchase a home for what the owner owes on their mortgage? Hypothetically, there is a current mortgage which is roughly 1/3 of the value o...
Hank Dean
Experience with Short Term Private Equity Lenders
I hope this isn't considered trolling, as that's not the intention.I'm developing 2 to 4 Very Large Vacation Homes / All Inclusive Wedding Venues per year and am looking to forge a relationship with a Private Equity B...
Dana Hagans
Potential House Flip in Brooklyn, New York
Hey BP community, I’m looking into a potential flip in New York, and would love some insight from experienced investors. I'm looking to use a Fannie Mae Renovation Loan. The property is a single family home that is on...
Jamie B.
Disqualify Potential Tenant with First Email Inquiry?
I have been reading all the blogs and posts within this site as well as books others have recommended. Amazing amount of information! We are busy getting our first rental SFH ready and I am behind on my formal introd...
Jonathan M.
Tenant only has half the deposit amount
I just closed on my first rental this past Wednesday. The rental is an out of state property located in Kansas City, MO.
I have property management and they have a prospective tenant. The problem is that the ...
Michelle S.
Seller Changes the Closing Attorney - Should I be concerned?
Hi BP Family, I am in the middle of closing a deal. The seller chose the closing attorney originally. Now, he wants to change from the original one to a new one. The reason was given as follows:" when the seller bough...
Martin Guerrero
Tenant paying rent ahead of time
Has anyone over had tenants pay for 5 months up front? Curious to know how other landlords see that or have handled it in the past. Had a tenant just sign a lease income and references checked out, she paid the secur...