Scott Trench
"Preferred Equity" = "Second Position Lending" And Should Be Compensated Accordingly
When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...
Parechay M.
Any recommended zipcodes to invest for positive cashflow in AUSTIN
Hello Everyone,Where I am standing: I have done short-term rental, house hacking, rent by room(student housing), and long-term rental strategies in the Greater Orlando area. My short-term vision: To buy in more cash f...
Jared K.
Who has been your most positive influence in Real Estate?
Would just like to hear everyones opinion on this. I have covered a lot of material in 13yrs and have invested myself and just figured it would be a good topic!!
Jacob Olson
Where are the positive cash flowing properties in Las Vegas?
Hi, I've got no skin in the game and I'm trying to get my foot in the door on some investments in real estate before I decide to leave Las Vegas in 2 years. My goal is to obtain my first positive cash-flowing property...
Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
Chris Seveney
Why jr. Liens can be problematic when in 1st position
This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
Chris Anderson
Can I borrow against a portfolio of second position mortgages
My wife owns a portfolio of 2nd position mortgages we are looking to leverage. Here is the story:We sold a portfolio of rentals to a single buyer and part of the deal is we held back a 10% mortgage. He still put dow...
James L.
Turning a short sale into a 1st. position note acquisiton?
This is my first post on BP. I have used the search function and gone through the notes section and have yet to find answers relating to my current circumstance. If these questions have been asked before I ap...
Jerry Zhang
How is Seller Protected if they are in 2nd position?
Hi,
If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?
The example scenario would be if I bought a $1M pr...
Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
Hi everyone, this is my first post! I found this forum through the audiobook Crushing It in Apartments and Commercial Real Estate.
I live in the Bay Area in CA, but have invested in Florida, where I fully own three t...