I am looking at a piece of property that will cost about $65K. I can put down $30K but would like to borrow the rest. This will be my first real estate purchase and my first loan. I am unsure what kind of loan I sh...
Hey BP Fam,I was wondering what exactly qualifies as a syndication deal? If 5 already active real estate investors want to come together, pool in money, and purchase an apartment complex does that qualify as a syndica...
I am just trying to figure out if a strategy like this COULD work.
It seems that the requirements for down payment on a commercial, multi-family is typically between 25-30%.
I do understand that seller carry back ...
I'm new to REI and am wondering what's the best option for obtaining financing. I have a couple partners and we were thinking of talking with local banks in hopes of building a working relationship over the years wit...
Good morning to you all! I would really appreciate your thoughts on structuring a Seller Financing offer with 2 agents in the middle. The seller has owned this property for 23 years (free and clear now !)Asking price...
Hi, I have a fully furnished old 5b2b rental property. I am finding it very challenging to rent the whole house given it's furnished. I spend about 20k furnishing this place. Property managers do want the business so ...
Hi, I currently have my first property listed for rent. I've had a couple of prospective tenants that would like to apply and I have a couple questions. Do all adults need to be on the application if I want to run the...
Hi, I need advice on how to find a broker to work for. Recently got my sales person license. But it is in "not working" status, since I don't have a broker yet. Will really appreciate any advice on how to look for a b...
Hello,
Hoping to get some suggestions on rental property insurance. We are getting ready to rent out our property in North Carolina so we need to change from our homeowners insurance to rental property insurance (th...
I am thinking of getting a 203k loan to buy and fix up a house that I will live in. I have seen ads for "203k consultants" who will walk you through the process. Some are also general contractors who will do the reh...