YiBing T.
Buyer's lender is requesting sellers LLC operating agreement
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
Eli Shicker
Disposition Fee vs Aquisition Fee
I saw on a multi family syndication that the syndicator was charging a 2% aquisition fee and a 1% disposition fee. What is the difference between acquition and disposition fees? I may be wrong but I understood the ac...
David B.
Use myself as the bank? What do you think of this strategy?
Hi All -
So i've been debating how to best use a rather large line of credit I have. My goals are to invest in one appreciating asset a year (primary residence, low cashflow), and then invest in a cash flowing asse...
Ryan Prichard
63 Unit Syndication & Scaling
BP Fam, please overwhelm me with your inputs. I'm looking to use my SOI, our 100+ agents in the office, lender network, and their connections to fundraise an upcoming purchase. Our team is fundraising either a full $4...
Courtney Murphy
Tankless vs 2 water heaters
Hello,We purchased our first STR and the water heater is not adequate for the amount of people who will be staying in the house all at once. Also it is at the end of its life expectancy. It is a 5 bedroom 2 level hous...
Steven Kopstein
My AirBNB Triumph
I bought a house in rural Vermont as a primary residence in 1997 for about $125k. After a few years, I refinanced into a 15 year mortgage. I lived there for 8 years then moved back to NYC. Since moving away I have ...
Florent Breton
Refinance cash out: impacts on CoC and IRR
Hey BBPersI am 9 months into the renovation of a multifamily building. I have invested significantly on capital improvement and hope to recoup some of that investment when I refinance later next year. I have then few ...
Shafi Noss
Raising Money, Finding Deals: What Kind of Skills do you Need?
Hi everyone,
In books, podcasts, and from the pros, I hear the same thing, that MF investing is about finding money and finding deals. What does life look like for someone who specializes in each of these, are they c...
Account Closed
Cash flow on Multi-family
Salutations BP community,
I hope you're having a sublime day on this day, a day with wondrous, illusory dreams. Alright, I'll stop. Onto a more serious note, imbued with gravitas, I am looking to use my home equity t...
Rafael Esteves
Returns with syndication
Hey friends,I am wondering how large syndicated properties make the profit they do. In deals supplemented by a bank loan, many investors look for a 10% return or more; however, this return is only possible because the...