Doug Cobb
How to structure a good saleable note
I have a house that I am getting ready to sell. I am going to "owner finance" I have no experence with note selling. Any advice on how to structure the note to make it desireable for a purchaser and also to bring top ...
Darwin Crawford
Funding Suggestions for a 6-unit in TX
Hi Gang,So I'm working on a deal for myself, not for my day job, and figured I'd get some feedback from this crowd. Keeping in line with BP posting rules, let me just go ahead and say that I am NOT soliciting anythin...
Jeremy Lee
Buyer talking about changing terms of promissory note later
Hi,My in-laws have signed a promissory note to privately loan $60k to the buyer of their restaurant over the course of 2 years at an interest rate of 5.4%. The buyer recently told my father in law that she might be in...
Shane Sigsbee
Help Me Analyze this 8-Plex
Hello,I've had my eye on an 8-plex in an area of Alabama that I invest in. It's in the specific town that I focus on but it's in a rough part of that town. The area is known as the drug area of this small town with ...
Linda Hastings
Tax Implications of Discounted Notes
I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
Tiaan De lange
Just signed on a vacant land deal for a new build (South Africa)
Hi Guys, Tiaan here from South-Africa. I'm fairly new to the STR game, I own one multi-family LTR, but my interest shifted to the STR market due to the big opportunity. Just signed on a piece of vacant land in Dullstr...
Ellie Perlman
What did you do to maximize rent collections?
I own multifamily properties across the U.S. (GA, TX, FL) and recently implemented a plan to maximize rent collections. I wanted to share some of the tactics that have helped us collect over 99% of rents, and would lo...
Ryan Hanrahan
Pursuing seller about seller financing
What would be the correct way to pursue a seller and ask them above possibly doing seller financing?
Barb Ivie
Should I consider a Heloc loan to pay off mortgage
I'm so looking forward to having my house paid off. I'd like to explore whatever options there may be to have it done asap.I currently owe $37K, at 5.95% interest. This is the origianl loan I took out for my house. ...
A Bee
Cash out refinance or keep existing loan?
Esteemed BP readers,I recently posted my first question and was happy to read everyone's posts, thank you very much :)My question has to do with a potential cash out refinance on a 4 unit building in Los Angeles. Sho...