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?
Patrick Johnson
How to structure small multifamily (2-4 unit) partner deal?
What are the ways in which a deal can be structured to be beneficial for both parties in the following situation:I am interested in and have the capability to find a small multifamily (2-4 units) property in Georgia t...
Christopher Kolasa
Liability in investing with a partner with student debt
Hello all. Background: I'm looking to buy my first multi-family rental property, a spacious two family home caught my eye in Rhode Island for about $180,000-$190,000, which should be able to get $3000 in rent a month,...
Jason Click
What are the drawbacks to owner financing?
I may be transferring with my job and may need to get rid of my house. It's worth about $160K so that's almost $10K in commissions to a realtor. I'd like to keep all of the equity so I want to sell it myself. The mark...
Bryan Hancock
Hypothecation Loans - Who Are Common Lenders?
If one wishes to carry back paper on an asset they own free and clear and later pledge the loan receivables as collateral for a new loan who would they normally contact to loan this money? What sorts of terms are gen...
David Flanders
Self Directed IRA Setup
Good afternoon. I may be interested in setting up a self directed IRA for rental property investing, but I have questions. In particular I'm looking for a way to use SD IRA money to buy and rehab properties and then...