Jacob Phillips
How much cash do you keep on hand
I’m a new investor and just this week, after about a year and a half of saving and learning, have just put my first property under contract (fingers crossed)! It’s no homerun but it will cash flow and has me thinking ...
Kazi R.
Is this partnership structure unreasonable?
Friend of mine and I are trying to form a partnership relationship hoping to acquire a small multifamily property (20 units or fewer as long as price is $1 million or less).My responsibilities:1. Will be sponsor and ...
Account Closed
HML Laws in Tennessee
Hello,Quick question regarding lending laws in Tennessee, which I am having trouble finding a definitive answer on. If I have acquired private funds and I want to lend them out solely for rehab/flip projects in Tennes...
Felicia Mares
BRRRR Method Property Acquisition and Management Process Document
We are trying to create process documents for property acquisition and management structured around the BRRRR method. The goal of these documents are to outline the processes of selecting and acquiring a new property ...
Billy Raz
Forward Take-Out Agreement Used to Lock a Rate - Do-able?
Hello,As you know, the cash flow after debt service will go up or down depending on the rate you are paying and hence the monthly mortgage.Rates go up and down, but will likely go up in the future.For someone who's pl...
Joseph M.
Turnkey Properties in IL - Recommendations / Feedback On My Plan
I currently own 3 properties in NJ valued at about $460-480,000. I live in the primary, which will eventually be a rental and rent out two condos. One is worth $125-140K that rents for $1,600 and the other around $110...
Griffin Fehrs
Tricky situation - To file suit over breach of contract?
Hey all,I am hoping to gather some opinions over an odd situation I am in over a potential deal.Recap:Firstly, this is a would-be fix and flip. The seller and I had initially agreed on a sale price and have a signed P...
Melody Robinson
Investing with Business Credit
Does anyone have experience with opening an LLC to acquire business credit & use it to invest?
Brett Iwanowicz
RE Introduction: Looking to start of the new year with a bang!
I was not completely sure which forum to start this thread.....December is always a month of self reflection and goal planning, it is apparent to me that I need to step outside of my bubble and continue to develop and...
Lucas Pfaff
Advice for Financing 3 Properties After Subdivision - Philadelphia Philly PA
I recently subdivided a property and need to acquire new financing...this is sort of a complex scenario (at least it seems like it to me), so any advice would be appreciated. I'm basically looking for confirmation tha...