Chris Weiler
Deal Analysis: Would you flip or hold this one?
This single family detached property was built in the 80’s and is in a B+ area of So Cal. I purchased the property cash though a short sale for 202K, put 15K into it and have multiple full price offers at 295K. After ...
Dana Montfleury
my credit score is 635 and I have $3500 for the down payment
Hey guys I need some advice, I am very new to this stuff and have been researching ... my uncle who is my mentor has been really occupied lately and can't help at the moment so here it goes: I am wanting to purcha...
Austin S.
Show house or get application first?
I am fairly new to the rental business and am trying to put systems into place, even though I only have 2 single family units currently. The only advertising I do is put ads out on Craigslist. I have one property c...
Jeff M.
Boston Sweat Equity SFR or Owner Occupied Multi-Family
Hello everyone at BP,
My fiancee and I currently rent near the Allston/Brighton border and plan to live here long term since we can both walk to work, the grocery store, and entertainment. We have $300k in li...
Erica L.
Good Tenant is asking if she can add brother to lease...
Okay, so I have a great tenant who have paid consecutively for the past 2 years and wants to sign another 2 year lease. However, today she informs me her brother lost her job in December "due to COVID" and has been st...
Jered Lafuze
Selling with owner financing help
Situation:
A friend is selling a house in Wilmington North Carolina. He has an offer but the buyer wants him do owner financing. She offered $25k down and wants him to carry the financing at 4%. Pay $1100 per month fo...
Michaela Manco
Incorrect FHA Appraisal?
Hello all,I am under contract on a mixed use 3 unit property that I am acquiring with an FHA loan. About a month ago I was asked by my lender to submit a letter of intent for the property. My letter briefly described ...
Ankur Patel
Credit Partnering
Hello All, I am relatively new to real estate and had a question related to Credit Partnering. I have been approached by a real estate investor (A friend whom I trust) who would like to structure a setup where he find...
Larry Flanagan
Can I become an investor/member of an LLC with no recourse?
I have been talking to a guy who is looking for equity investors to start a business. He plans on structuring the company as an LLC with each investor owning a % based on their contribution. I am interested, but I d...
Carl Dieckmann
Pulling Permits after the fact
Hey guys, looking for whatever advice you can provide. I'm in Travis County, NW of Austin. I have a flip I'm about to close on with amazing views and good numbers once renovated. The house has an appraised sq footage ...