JR Rivas
Friend Adding me to the title after closing
Hey guys!So my buddy and I are buying a property together.He’s putting up all the capital and I’m doing the work to get it cash flowing.My question is, I want to be on the title but I know putting myself on after clos...
Andrew Taylor
Need Advice Quick! Investor Terms
I have a lead on what seems to be a good candidate for a fix-and-flip deal, and I've got tentative approval from a lender. However, the lender is requiring 20% down, which is going to be somewhere in the neighborhood ...
Cheryl Alarcon
Loan to buy an Air Bnb ? help!
Hello. Looking for some help. I found a condo I want to buy and use as my first air bnb property, but my realtor says I have to pay cash. Is this true? I have the cash, but I'd like to hold on to some of it for other ...
John Woodrich
Rent discounts and late fees
I am purchasing a property with tenants in place. Most of them are on month-to-month arrangements and have dinosaur lease agreements so I plan to renew with my lease agreement. One thing I was conisering doing was u...
Travis Newton
Getting an FHA with Relative (Out of State Investing)
Quick question regarding the FHA loan. In my area of Arlington/Grand Prairie, TX there aren't a ton of multifamily properties. We're working with a great RE agent who did warn us that it'll probably be an uphill climb...
Bill B.
Forced Place Insurance
Hi BP Nation.I have my first note. I want to insure my investment with Force Placed Insurance. I searched BP and found some great leads. However, I've been told by the company I'm working with that I must have a "m...
Bryan C.
How do you split jv profits?
I am looking to get into some JV deals and wanted to know how most people split their profits? I will likely fill the role of a private lender and provide the $$$ because I am overseas. The other person will do the ...
Andrew B.
Private money lending- loan structure
I run a real estate investing business in Florida, where we are acquiring properties through various channels, rehabbing and selling them. We started with a few per year, but have progressed to 1 per month at the m...
Account Closed
House flipper is flipping on me
My wife and I are in the rental market and we were looking to expand our portfolio. Last January I met a flipper and we began to visit about their business. We talked multiple times over the next few months. In March ...
Paul Winka
Which parties have a right to see a HUD settlement statement?
When a home is sold, and I am the lender (I do private lending), do I have the right to get the HUD settlement statement?