Dennis Marshall
I want to get a private money lender | Need to know some questions?
I want to be backed by a private money lender so I can go after reo's for now. I just need them to put the deposit down where I would have some time to make moves and find a buyer.
What I want to know is what percen...
Ben Kevan
Rental Property Balance Sheets
For the single and multi SFR owners,
How do you handle your cash flow? Do you do per property, then overall? Do you use a program (ie quicken?), or stick to the simplest of simples and use excel?
Does anyone have ...
Shawn Lowery
My "First-ish" Flip - Success!
In 2006 I graduated with my MBA from Villanova University, ready to take the world by storm, scoop up my next pay raise at my 9-5 finance job and gain clarity in life only an MBA degree could provide. 2 weeks later I...
Darrin Carey
Borrowing Downpayment, closing costs, and earnest money
As a private lender, I'm suddenly getting a lot of requests for three things that concern me.
1. Lending the Downpayment (behind another hard money lender)2. Lending all the borrowers closing costs3. Lending funds fo...
Conner Daniel
Advice on seller who “won’t entertain” anything but full price
I’m in search of some advice to answer a couple of my questions before I go forward with a duplex I am looking at. This place was listed on and off for almost 4 years at the same price and the listing has just been ta...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Brandon Heath
Another bad deal.... but help me learn how it could be a good one
Alright, I really thought I found a good deal but after running some numbers turns out it's not even close! Like way off (i'm still very new so if you laugh just try not to choke). Here we go...So I found this deal on...
Michael Bonanno
Turnkey Property for First Investment
Hey BP,I'd love to hear others thoughts on buying a turnkey rental property for a first time investment. Also, any suggestions on content to research as well as suggested providers to potentially work with. As always ...
Douglas B.
Do you run background checks on ALL tenants, or just the one signing the lease?
(a sub30kclub topic)
I'm thinking about renting a duplex to section 8 tenants. To protect myself, I'm thinking about insisting on running a criminal background check on every person who will be living in the...
Joe Faruko
Where is the $$$ in Small Multi Family investing?
Hi BP Community,I am 24 years old with 65k saved and really pushing to becoming financially free as soon as possible. Many members mention buying small multi families until they are financial free - but how long with ...