Micah Grant
Lien holder position in .5 seller financing and 5. Traditional
I am meeting with a seller who is looking sell a multi unit to us on half a .5 traditional loan and .5 owner financing(250,000 for both loans). My question is does the seller become the second lien holder in this scen...
Christian Podedworny
Which Florida Bank/Lender allows owner finance in 2nd position ?
I am in the process of negotiating the sale of 2 potential properties with a seller. He has two quadplexes that are adjacent to my Quadplex in Tampa which he looks to sell for $200,000 each ($50,000 per unit). The t...
Mia Trasolini
Would you buy in a "sketchy" area with positive cashflow?
Any and all opinions are much appreciated!! So here's the situation...I'm an aspiring investor looking to make my first deal, focusing on multi unit properties (mostly duplexes). ... I live in San Diego. Prices and co...
Andrew Holmes
How much positive cash flow do you need a month?
I have often wondered what is rich or well off? I am talking about purely passive income from rentals. Yes it is subjective and will depend on the individual but I was wondering what the BP community thinks. Would lov...
Oleg Reut
Strategy Advice Needed - What would you do in my position?
Hi All! Long-time lurker, first-time poster. I've recently sold my home-improvement business in SoCal, and plan on moving my family to the Tampa/St. Pete area in the next 2 years to be closer to the in-laws. I've alwa...
Michael Gibek
Positive cash flow residential rental mortgage - pay off or refi?
I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
Erik Zimerman
Second Position Notes with Large equity & High FICO Borrower.
Greetings all. We own a portfolio of homes in the Miami area (Surfside, Miami Beach, Bay Harbour...). These are mostly new construction homes with a first position and plenty of equity. Values from $4 to $15 million e...
Adam Sheren
Offering a property owner an equity position in a development
Good morning - I've recently been made aware that a local Grocery Store (owned by a decent sized Grocery Chain in the midwest) owns 16 acres of vacant land which would be a prime site for development of a multi-family...
Jessica S.
Newbie: How to read a title report to understand positioning?
Hello, I have been listening to podcast and following the website but I'm green to auction foreclosures. I am looking at foreclosure auctions and researching title reports but I find them confusing. How do I know w...
Sami Gren
Any positive experience with a tenant with court filing history?
Hi,
I've seen already a lot of people if not most people say that they would never ever take a tenant with a past Court eviction history.
I was wondering if there is anyone here that can tell me a POSITIVE experien...