Alex Farah
First Time Flipper.. Looking for tips! (tax tips especially!)
Hello all! I am new to the forum and have been reading/following as much as I can! I currently have a couple of rental properties and I recently just closed on a foreclosure that I have the full intent on flipping. Th...
Ana Vhan
What would 1031 exchange look like in our scenario
We have an investement property, which we plan to sell and buy propertie/s in 1031 exchange. Have questions around those. Please help. Let's say we we bought the proporty for $600K, sell the property for $1M , say a m...
Kin Leung
1031 exchange and commercial loan
Our tenants will be moving out in a few months which prompted us to think about what we wanted to do with our rental property. It's only been rented out for 2 years and it's gained quite a bit of equity (approximately...
John Russo
1st house to flip
We ran across a great deal on our first house to flip yesterday. I may have put the cart before the horse and made an offer before securing the loan. Any suggestions would be greatly appreciated.
Doug Teasdale
Syndication help for a new investor
Good afternoon BP family,
I am trying to figure out how to work a deal as a syndication, I have never considered this type of deal before as I am still trying to find a flip of my own, ( I have flipped thousands o...
Janell E.
Funding Down Payment of Seller Finance Deal
My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
Chris Stromdahl
Purchase Money Mortgages?
Are purchase money mortgages a form of seller financing?How are purchase money mortgage transactions handled?Is it a standard document used in real estate transactions?Should a real estate agent that works with owner ...
Tim Ryan
Liquidity in a Relatively Illiquid Market
Just listened to this podcast about tokenized securities and how it will affect the real estate industry. https://anthonypompliano.com/p... I think it's a very interesting topic that might just change how my business ...
Josh Autery
Prepaid Rent Pros and Cons (Texas)
Fellow bp members (especially the Texas ones)... Need some help/advice!What are some pros and cons of accepting a years rent in full at lease signing? Is this even legal?Thanks!
Vic Stezin
Has any one heard of a landlord requiring a W-9 from a tenant?
I am curious what the purpose of requiring a tenant to sign a W-9 might be. I have never had to do that when I rented before. The landlord is saying their bank requires it.