Shannon McLeod
Water Shut Off List: Does It Exist in Des Moines?
I'm a wholesaler here in DM and I tried to call the water company to get a list of properties that have their water shut off. I was told flat out they do not carry that information, but I'm skeptical and don't quite b...
Miguel Santiago
House hacking and looking for second deal financing
Looking for some insight or recommendations on how to finance my first STR investment property.
At the moment I’m house hacking a fourplex in Houston, TX. I Purchased this fourplex 11 months ago for $450,000 at 2.2...
Brenda Whittaker
Twelve abandoned condos!
I found what I thought was an apartment complex, abandoned, turns out it's 12 abandoned condos/townhouses. The complex consists of several buildings each with 2 - 4 units. Needs minor fix up. Value around $1M. I w...
Julien Anaya
Creative/Seller Finance Questions
Hello, I purchased a property in California using hard money with a 6 month term that I intended to flip for $220,000. I ended up just relisting the property on MLS and accepted an offer at $305,000. I know that the b...
Kathryn Freeman
What do I not know?
Hey all! I’m new to BP and so excited to buy my first house as an investment. It’s actually a house in my neighborhood with a pool that I’d love to Air Bnb. We know the sellers and they’re unfortunately falling on har...
Ben Rishwain
Theft and Mail Fraud of Rent Payments
Hello there!This week it was confirmed that mail had been stolen earlier this month which included rental payments. At least 7 payments are missing and 2 payments have been confirmed cashed by somebody who was not aut...
Jack Sarcia
What if I cant 1031?
I will be closing on the sale of my 3 family next month for 450k and I will be netting about 100K before capitol gains tax.My problem/question is that my first year of self employed income does not qualify me for loan...
Roger Roberts
i have about 800k in equity in which im the trustee of an estate
I'm looking for advice , contacted a trustee loan company that uses private money to assist heirs. http://www.closeprobate.com/ ltv 50% as collateral
5 year plan at 12% meaning I'm thinking of investin...
Dustin Horner
Paying Back Private Money
Hello everyone,I am curious about paying a private money lender back on a larger buy and hold purchase. I know (roughly) how it paying back a private money lender would work for a fix and flip or even BRRR, but how wo...
Daniel Dietz
Multiple Private Money Lenders in 2nd Position - Legallity of It?
Hello all,We (three way partnership) are working on a deal to buy a porfolio of properties that will consist of duplexes and a 4 plex for about 870K all from one owner. We are working on finding a portfolio loan that...