Hey everyone! I am planning to make my first offer but I wanted to know if the numbers work.
Location: East Pennsylvania
Type: converted four family
Price: $350,000
Total SqFt: 3,232
Built: 1869
Units:
1. 2 b...
Hey all, I have an individual interested in backing a deal I found. How would one go about getting or creating a proof of funds to accompany your offer in this case?
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Let's assume that you have a track record of success in whatever aspect of real estate that you are doing. You have tax returns and successful projects that you can show potential investors if they ask.Let's also assu...
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I'm holding a performing note in the $50K range at 7.5% interest with 1 year of seasoning and a balloon payment at the end of 15 years.
I have no way of knowing the credit score of the home owner. He's an active inve...
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Hello All,
Thanks in advance for your comments. I am a high income W2 earner looking to start a passive income RE portfolio in the near future and trying to narrow down its composition between Syndications and PE Fun...
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(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...
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Hi BP friends! My wife and I have mainly done long term buy and hold over the last 12 years of our investing career and have an opportunity to partner on a small scale with a friend who is purchasing a commercial buil...
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First let me start out by saying I have a hard enough time remembering the truth, but wow - this was one heck of a ponzi scheme. Why am I posting this:1. This was done in 2018 - 2022, when real estate was doing very w...
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There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
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Is there any good software, website, or spreadsheets out there that are awesome for keeping tracked of deals in the works?I'm trying to find something that will allow me to do the following:- input address- asking pri...