Tami Lumpkins
Security Deposit - withholding late fees
I (with two siblings) inherited some commercial property that was already leased out - in Texas. The tenant is now moving out (end of lease). There is a security deposit (that we did not actually receive - we did no...
Jason Krick
More money for seller after I sell my flip
Ok, I will give a little background on the scenario and ask my question at the end.I have an extremely motivated seller who needs to unload a property prior to the sheriff sale in September. The seller inherited some...
Sydney Key
Losing Money on a House Hack
Hello You All,I would not say I'm new to the idea of investing, in fact, I've been obsessed for years. However, I am just getting to the point where I feel comfortable enough to put out feelers and begin the process. ...
John Clarkson
Bank stopped due to Covid: How to close with seller finance?
We are purchasing a senior housing portfolio and we have gone through the underwriting process with our bridge to HUD 232 lender. We were at the final step of working with their legal team to prepare the closing docum...
Martin Potokar
An Ounce of Prevention Worth a Pound of Cure
Premise Based upon what we have witnessed in conducting commercial property condition assessments (PCAs) and commercial property roof inspections for over 30 years, we can definitely state witho...
Jaksh H.
LLC and financing
Hi all, I a new investor just learning the art and science of real estate investing. After reading all the discussions on various forums on BP, I want to set up an LLC and buy a single family rental unit for buy and h...
Erik Estrada
What DSCR lenders look for in Rental Properties
Consider the following to have an easier time qualifying for DSCR financing: 1. Is the property in a Rural area (typically population sizes under 150,000) Most DSCR lenders cannot fund in Rural Areas. If it’s a great...
Troy Feldman
Investing In Roth IRA
Hello BP community,My mother wants to purchase restate in a local town that is starting to grow but her only cash is in her Roth IRA. We are wondering if it is possible to use that capital to invest in real estate, al...
Theresa White
New member with a 5 year goal
Hi! I'm excited to join this incredible community. I've long been interested in real estate investing and am facing a big life milestone in less than 6 years. Before that milestone I hope to have replaced 25% of my c...
Jason Bilbrey
Using Bank & Seller Financing for minimizing money down?
I'm looking at a property around $900k and wondering how I could possibly get a commercial loan to fund 75% of it and use either seller financing for 20% and cash for the remaining 5%. Do commercial lenders care where...