Hi BP,Myself and two partners are looking into getting a commercial loan to buy a 6 unit building. We've spoke w/a few different local commercial loan officers, who all say that they require each partner to qualify fo...
Hello everyone & my question is it hard to buy house notes? And how do you go by purchasing them
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
I have a property that we are about to put under contract (wholesale) the homeowner is in preforeclosure but somehow still apparently wealthy. and doesnt care about the house. Assuming that the homeowner would just go...
Good Morning BP,I have a question about pooling money borrowed from private lenders.In my example, a real estate investor has 5 individuals who are going to lend 10k each for a total of 50k. How would the borrower ex...
This is my potential first deal: Owner has a lien on property of 19k (owner financed) Lien Holder never received mortgage payment from buyer. The Lien Holder is my mother (sweet right) so can I wholesale the note on t...
So, a while back I posted a question about having multiple investors all making small investments to my LLC. That sounds like it's really hard to set up because of the SEC rules.
I have a different idea I wanted to ...
Sorry typo can’t edit, should say ‘put name on grant deed’Working with a Realtor specializing in Preforeclosures (she does all the door knocking, phoning, negotiating).Going to see a house today. Owner has 3 days left...
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
We just evicted our tenants for non-payment. Do we have to send them an itemized list of charges to keep their security deposit?