Jeremy Lee
Buyer talking about changing terms of promissory note later
Hi,My in-laws have signed a promissory note to privately loan $60k to the buyer of their restaurant over the course of 2 years at an interest rate of 5.4%. The buyer recently told my father in law that she might be in...
Daniel Halsted
Contacting the lender for pay off amount
How do you go about contacting the lender to find out how much someone owes on there property that is already in pre-foreclosure? Are there public / subscription web sites for this or can you just call the lender dir...
Terry Lao
helping brother in law find a fourplex in Las Vegas
Hello fellow BP membersI need some unbiased opinions for this argument that involves cash flow 4plex, helping my wife’s brother, and asking her not to tell him. Here are the below facts: Brother in law (lives in UK) a...
Sara C.
Need super smart numbers people! BRRRR calc done wrong?
Hi all!I'm confused about my cash out using the BP calculator vs. reality. See attached images with all the numbers the BP calculator has given me, which helped me plan my renovations, etc. I am in the refinancing pha...
Sid Bobba
Pulling of successful BRRR
Hello folks, here is my story. We recently bought a property under market value at 80k, put in 15k repairs, rented, and refinanced at 115k. My main question and I would like to get input from experienced people is abo...
Paul Stout
Looking for a private lender agreement
I am looking for a basic private lender agreement. I have a private lender lined up willing to provide a short term loan. Does anyone have a contract that I can look at and manipulate to fit our needs? I looked in ...
Allister Dominguez
First "new" purchase
So, I have had a couple of rentals with))4 my ex wife. When we broke up, the rental dynasty broke up. O have since remarried and she suggestedcreating a rental/ flipping dynasty (I love her).I have to do this smartly....
Ralph Ace
Cashout refinance loan
I have a condo that appraised at $130k.I have a loan for 85k.My equity 45k.Can I get any cashout on small equity minus the closing costs?
Scott Janicek
First Project as Architect - Developer!
Investment Info:
Single-family residence buy & hold investment in Show Low.
Purchase price: $215,000
Cash invested: $50,000
Acting as Architect - Developer, purchased and remodeled a SFH in Show ...
Steven Rogers
Loan fees - are these all normal?
Hi All,I'm in the midst of getting a loan on a 3 plex unit with 25% down. While reviewing the loan, it seemed like my net closing costs is quite high - are the fees below all reasonably priced/expected? I'd love to se...