Ben Bakhshi
Tired of third party lenders, I want to create a mortgage fund
We utilize a few hard money lenders for acquisition (8-14%,1-3 pts), plus we have some private investors who finance most of our equity position (10%,0pt). We've subsequently closed portfolio loans with B2R, Firstkey,...
Sarah Koning
Financing for an extra lot
We are currently in negotiations to buy a house and extra lot in Chicago. The sellers - for various reasons - need to have the house and extra lot as two separate contracts/sales. Our mortgage company has stated tha...
Eric Blackford
Duplex Analysis
Hey everyone! I am new to REI and new to this awesome BP Nation, but I am absorbing everything like a sponge I hope! I am a well-seasoned equities investor, so that background makes the finance and numbers learning co...
Debbie Zimmer
Getting a mortgage on an LLC property
Hello everyone! I’m hoping you can provide some guidance to us on this subject.Background: We are new investors and have set up an LLC with a Line of Credit attached. We used the Line of Credit to pay cash for our ...
Allen Williams
Networking with Fellow Investors in JAX
Good Morning everyone,I currently work in the financial world and am in the process of getting into the world of real estate investing. My wife and I just moved from Atlanta and I am hoping to start building connectio...
Doug R.
Yellow Letters
Do "Yellow Letters" have to be yellow paper with red ink hand written messages to the seller to ensure a call back?
Tyler D.
Help me understand the Bay Area/ SF
I work in SF, and have rented as I am wary of the seemingly unsustainable prices. I would like to buy a house (to owner-occupy) if it makes sense, but I can't get a clear picture of whether or not it makes sense to bu...
Chris Gordon
Bad Wholesalers - Why we will all be getting licensed soon.
I am just amazed at the incompetence of some wholesalers.
Last night I put under contract a house in Ky that "Sincere Home Buyers" of Georgia backed out of yesterday. I don't mind putting their name out here.
The s...
Julie Williams
Do you avoid buying properties with known drug history?
A town I like in Vermont, Springfield, has good prices in the otherwise insane Vermont real estate market, in part because it has a fair amount of crime, although the amount of crime is still well under than the U.S. ...
Stephen Kleyn
Is it possible to install vinyl plank flooring over pitted plywoo
I have a 16 unit apartment that got destroyed by hurricane Michael 9 months ago. We are getting rebuilt but have run into a problem with the second story floors. I want to go back over the plywood with vinyl plank flo...