Andrey Y.
Syndication: Raise 30-35% or 100% of the purchase price?
I have been diligently researching the art of underwriting small multifamily apartment buildings, and I am unclear how much capital is raised in the typical deal. Say, on a $300k building, should I be raising $100k fr...
DeMarcus Hogan
CashOut Refi to purchase another property
Hello newbie investor trying to reach financial freedom. Bought my house with the FHA program. Fixed it up from 148k to 220k value. My plan is to do a cash out refi, possibly take 65k to invest in properties out of st...
Kevin Roach
Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?
Looking to get into my first multi-family property (first of any type of property actually) and I don't have enough for a down payment. Would it be possible to borrow the 20-25% needed for the down from bank A and th...
Tamara Deering
Advice from a Lender on Refinancing your BRRR Property
Hello,Don't shoot the messenger!!! I want to share some feedback I just received from a major lender regarding a cash out refi of a hard money loan. In my day job working for a hard money lender, we issued a loan on...
James Ibis
FLASH POLL - Good 50/50 Partnership? I provide the deal, execution of rehab and partner provides all cash?
Please respond with your opinion if this is a favorable partnership?I pay for the marketing to find and lock up the deal. We use my partner's money to buy the property. We use his money to finish the rehab. I manag...
Marek Berry
Structuring A Flipping Partnership
I'm forming a partnership with two other individuals to flip houses in Austin, Texas and need advice structuring our agreement. I will be providing the financing, insurance, all the back end. One party is a real estat...
Felix Krull
Does money down really make sense in the cash flow business?
I am asking this honest question as a newbie, and I hope I will get some honest replies. I don't know a whole lot about REI, so I hope someone will correct me where my thinking is wrong. I am interested in buying my f...
Ariel Gonzalez
Vetting a GM in a syndication Deal
I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story:
- Not following through with business plans
- La...
Andre Wilson
Wholesaling, can you actually make money??
Can you actually make money by wholesaling in the real estate market. I'm looking for was to build up cash to ultimately be able to buy hold and flip houses in the Greater Rochester, NY area and wanted to know on aver...
Ayobami O.
Formulate a cash for keys letter or forgiveness of rent letter
I have a tenant in my house since Sept 2019. He has not paid rent since June 2020. I offered to take half the rent but he refused to pay anything. When I went to check on the house after giving a one-week notice, I di...