Hello Fellow BP Members, I'm currently working on the Midwest and I'm saving the capital to start investing in Multi-Family properties as early as 2017. I'm originally from Texas so i would feel more comfortable purch...
(Before you start reading, I think the overarching theme of this question is that the definition of a Hard Money Lender and Private Money Lender has changed throughout time. That can be the reason some people have dif...
I own 15 individual units and most have a line of credit. I have been using the lines for the down payment on any new properties I purchase. The lines are variable at 5 to 6%. To service the debt on the lines to buy a...
This site's Hard Money Lenders list is awesome. It would be great to see something similar for real estate lines of credit. For example, I am looking for a $1 million line of credit.Does anyone know where I can obtain...
So I’m trying to do my first fix & flip deal with private money and I’m not clear on deal flow. Hoping someone can take a few minutes to educate me.So I found an REO that I’d like to make an offer on and have pri...
We are currently under contract on a piece of land where we can build 6 attached units by right. Initially, our thought was to keep all of these units on one parcel, held in the name of our LLC, as our strategy is to ...
The last few years we have been flipping, renting, worked into small commercial… We were approached by a high net worth individual who owns appx $100 mil in debt free real estate and has tons of un-invested cash. He’s...
Hey Everyone, I have just recently entered into the Multi-Family real estate world and am curious your thoughts on the current and future demographic of investors. Is there currently a clear main age demographic of in...
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
Hi All,I wanted to get a feed started regarding opinions on the pros and cons of taking a multifamily building, in my case 4 units, that is currently on one water line and separating each individual unit. The current...