Amran Musaid
Multi family with seller carryback
I found a multi-family listing that says the seller is offering a partial seller carryback. How does that work with a lender? Can I get 80% from the lender, 15% from the seller, and put down 5% myself to buy the build...
Bryan Hartlen
JV or LLC structures for GAP funding
When we flip we use hard money lenders and often use GAP funders to cover what the the HML doesn’t. We have some HML’s that are fine with us recording the GAP funders 2nd position DOT/mortgage. Lately, we’ve found a ...
NA NA
Lease-Option Deals
I understand the principle of a lease-option deal, but just finished a book that suggested using a lease-option on both sides of the transaction. In other words, lease a home (no money down) with an option to buy, the...
Russell Brazil
Oil Prices Collapse. Fall Far Into Negative Territory
I am just dumbfounded. I thought we might go negative maybe 10 or 20 cents a barrel. But this is just unimaginable, and its not even the low of the day.
Alex Olmer
Hard/Private Money + Seller Financing for Apartment Complexes
Hey everyone!Brand new to BP and REI in general. Excited to be here :)Looking into creative financing for apartment complexes (30+ units).Forgive my "noob-ish" curiosity, just trying to explore possible options!Exampl...
Arthur Mayer
Deed in Lieu, Short Sale, or Cash4Keys on 2nd NPN
Scenario:House is worth $65,000. (BPO)Homeowner has a 1st for $58,000 and a 2nd for $15,000. (CLTV 112%)Purchased the NPN 2nd for $2,000She is behind on both her 1st and her 2nd by about 30 days now. The homeowner ...
Shiloh Lundahl
4 Million Dollars in 4 years - Thank you BP
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
Schnell Manson
I need advice on how to do a lease option assignment
I am new to REI and I have found a motivated seller but I am not sure if the numbers work.
It is a 3 bedroom 2 bath 1,565 sq ft house built in 1976. The seller owes $85k on the mortgage but the after repair v...
Steph Duemmel
Getting started...money lenders in Texas?
We are looking to get started and want to look at all options of funding for our real estate investing portfolio. One of the options we are interested in is finding a lending partner. We live in the Dallas area and ...
Drew Brashier
Great opportunity but low on cash
I've run into a couple of great opportunities on 2 multi unit rental properties that are already occupied and cash flow positive.
The issue is that my available funds would not cover the down payment on either of the...