Hi everyone!I'm looking for suggestions on a back-up option in regards to financing on a property I already have under contract in IL. I'm currently working with a hard money lender who initially had some great terms...
I haven't done a lease option before. I'd like some advise on how to proceed.
I sent a FSBO this note:
Would you be interested in leasing your home to a tenant / buyer (that you
approve of) who will make the payme...
I've never actually posted in forum before, so my apologies if this is not the correct place. I'm having a friendly debate with my business partner and want to see how the bp forum will field the question:We're doing ...
Building have shared network and I need my own secure network for my unit for my smart lock.Internet company won’t hook up an individual internet connection for me for contractual reasons.Any ideas for how I can get h...
I could have sworn I heard on a BP podcast episode that there is a device (or devices) you can attach to existing plumbing that effectively individually meters each unit of a multifamily property without actually sepa...
I am relatively new to real estate and am in the process of trying to save for a down payment. Right now I am stashing money away in a savings account earning 2% (not a lot, but better than most savings accounts). I a...
What is the downside to buying a property subject to an selling on lease option? What must one do to protect themselves by doing this?
Currently looking at a 12 acre property with 6 cabins. The owners still owes 200k and selling for 375k. Seller finance isn't an option due to his lean, although he said he would seller finance if I could pay his lein ...
I'm under contract on two duplexes (next to each other on the same property so I just call it a quadplex). We are set to close in 2 weeks and we've hit a little snag in the process! We are going with commercial lendin...
From what I've gathered from the experienced investors here I should be evaluating properties based on the IRR. I know how to calculate it but I don't know what is considered a good, mediocre or poor return. Could som...