Eddie Sorrell
How to Structure a Sell of Your Rental to Your Tenant?
I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...
Patrick Kucera
A Change in Strategy - Hybrid Notes/Buy & Hold Rental
Good Morning BP! I've been away from the community for some time while I've been stationed overseas and I'm looking to get some feedback/constructive criticism on an addition to my investment strategy. When I was yo...
Connor O'Brien
HELP! Buying a Chicago Property with Defaulted Tenant
Hi All, I am currently in the attorney review period buying a 2-flat in Chicago. My attorney demanded the bottom unit be vacant by closing as seller had given 30 day notice to a month to month tenant when it was put o...
Bud Gaffney
Banks/Lenders that do HELOC's on Investment Properties?
Hi all! Does anyone know of any banks/lenders that are doing HELOC's on Investment Properties currently? I have called several banks, credit unions and have had no luck. Any insight would be greatly appreciated. Thank...
Isaac Fridmann
How to do a CMA for a Multifamily Property?
Hi BP Community!One of my clients reached out and asked me to sell one of their multifamily properties. It's currently a vacant 9-unit building that they just renovated. Any idea how I can do a price analysis on this?...
Shannon K.
Purchase Contracts: Which Happens First?
I’ve been browsing BP and researching a lot… How do others put a property under contract FIRST, then secure a HML/private equity/crowdfunding for financing AFTER? (I had a pre-approval letter in this instance). Still,...
Mary Chen
Need help to gauge likely auction price of a property
Hi Everyone,My parents have a $200K junior lien on a house valued at about $1M. My parents also have a $200K court judgment for a judicial sale on the property against this lien, but they have not exercised that judg...
Mark Zajaczkowski
"Equal" Partners on Multi, we are not on deed, we need an exit
My wife and I and sister-in-law are all equal partners (50/50) on a multi-family unit (4 plex). Long story short, my wife and I made a very poor decision going into real estate/landlording with my sister in law and we...
Chad Schmidt
Bringing in a Private Lender
Hello all! I’m in a situation where I’m looking to build storage units on a piece of land I’m purchasing but have a couple of questions about moving forward on the build. I have a private party (parents) that would li...
Kim H.
Setback Violation
What are the potential pitfalls with a setback violation on an existing structure (with a documented setback exemption from the city) ? The current zoning and intended zoning are multi family and I don't see any r...