Angad G.
UCC Secured Promissory Note on LLC
Hi BP,I have a close friend that would like to loan me money to use as working capital for my RE investments (I use the BRRR method mostly). Because I purchase in cash and am always re-financing properties with term l...
Li Tolentino
Out of state - contract signed - When do I visit?
First time CA investor, got two SFR under contract yesterday (8/31 and 9/21 closing date) in Kansas City. I feel I should go check out the property in person and meeting with contractors/PMs etc. Can only be there fo...
Mike Pugliese
Portfolio of small multi's
How do banks and/or investors value a portfolio of duplexes in different locations w/in a city? Since individually they wouldn't be valued based on cap rates, but as a portfolio (i'm assuming they would be)? I have ...
Ryan Hardaway
Any advice?
Hello, I am brand new to the business. I have not even been in the field yet but I have been doing some reading. I am truly committed to turning this into a career, however there are a few concerns I have.1. At the ...
Clinton Davis
To brrrr or buy using financing?
Ok, I currently have 2 properties paid off in my portfolio, so I refi'd one property and bought another sfh in cash with that refi'd money. Now I decided I would refi the new property I bought in cash and the other p...
Scott McCurley
"refi" with commercial loan?
i have 3 properties with residential mortgages at 4.9% (2 at 30 years, 1 at 20 years.) i am considering putting them all in a commercial loan for 3.65% interest for 15 years. the commercial loan payment would be abou...
Chris Zivalich
[Calc Review] Help me with the math formulas
View report
*This link comes directly from our calculators, based on information input by the member who posted.I have two questions on the math. 1) On page 1 at Top, the NOI states $31,612.80. How is this math cal...
Joel Fohrman
what is considered a decent monthly profit?
Hello!I'm somewhat of a newbie, and looking to purchase a multi-unit rental property in the $300-$500k range via a 1031 Exchange in the near future.Running numbers and it's looking like the best deals will net me betw...
Virginia Jones
Hold long term as rental or sell now
A couple months ago I bought a foreclosure for $55,000. I've got a lease signed for May 1 at $750/mo. They are interested in buying the home from me. I work at a bank and if they qualify, I could get them a mortgage t...
Brandon Elliott-Pandey
When do you become a Private Lender
My question to you... when does it make sense to become a private lender?I have a client dying to get into RE but has no funds other than his HELOC with about $100K available rn. The interest on barrowed money is some...