Joel Florek
Writing a Purchase Agreement with Seller 2nd Position Carry
Looking for some quick help. I have an 8 unit under verbal contract. We are going to have the seller carry a 2nd position loan behind the bank. Seller financing will be for 10% of our purchase price, bank will lend th...
Shane H.
Positive Experience w Buildium & its CEO Michael Monteiro
Had a very positive experience today with Buildium and Buildium's CEO Michael Monteiro. This is a bit of a long read but wanted to share.If you search some of my post history going a ways back in a # of them I had a ...
Andrew O.
Selling to re-invest capital in a better position.
Hey all,
I have been lurking for the past 2 months on BP, the opportunities the current market present spurred me onto to some more in depth investigations regarding REI.
My wife and I have an unencumbered SFR rent...
Shawn Krieger
seller to be in second position on a loan
Hey all,
Does anyone know of any lenders in the davenport area who allow the seller to be in second position on a loan for a rental property? To use as collateral for the down payment.
Marci Stein
Tenant test positive for lead paint on bath tub
Not sure how to proceed —2 adult tenants. No children . newly moved in and tested for lead on peeling paint on side of painted bathtub. Positive. From what I’ve read, I am required to remediate this if a child under 6...
Rachel Kim
how do i buy second position debt from bank
Hi.. I'm interested in buying this property at a trustee auction. I have read people buying second position debts to use for credit bidding. I am actually interested in winning the property but if i don't and it go...
John Fedro
Positive news article/video concerning mobile home and parks
Hi all,
I enjoyed watching this video so much I thought I would forward this video and article concerning mobile homes and parks to our BP community. Finally some good news about our industry making headlines...
Matt Smith
Warehouse Next Door Long Term Positioning-Neg Cash Flow
Investment Info:
Large multi-family (5+ units) commercial investment investment in Kenedy.
3500 sf Warehouse purchased for long term hold positioning. This smaller warehouse is adjoining a larger warehouse....
Hooch ®
Positioning Real Estate Assets in the Middle of Divorce
Ok Guys,
I've possibly got a brain twister for ya and need some ideas on what I can do to help myself and my brother out.
Most of my property is owned by me alone. My brother is presently in a divorce. We own a hou...
John Geldert
How to decide lien position with two private lenders
I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. A...