Mike Savage
North NJ - Tenant Vacate Issues
Hi, A month to Month Tenant vacated my apartment during the middle of the month by giving notice few minutes after vacating the apartment. History : Initial Yearly Lease was converted to Month to Month Lease after Ten...
Devon Carlock
Home Equity Loan Qualification vs.
I would like to take on real estate investing full time. I have two options I am considering: 1) Sell my house to get cash to work with. Rehab a property, then create a traditional mortgage to pull my cash back out...
Stephen Earley
Fire Damaged Multifamily
Hi BP community,
I am interested in purchasing a fire damaged row house in Jersey City, NJ. The building is a historic brownstone located in a very desirable neighborhood. This would be my first investment, t...
Gabe Rangel
Investment proposal from friend
My buddy just obtained his broker's license. He has flipped a couple of properties. He asked if I wanted to invest. I asked what was required. He said it depends on how much work I put in & how much capital I ...
Lake Lutes
Why HOAs are not always a bad thing
I hear it and see it daily:"We won't consider a property with HOA dues." or "I would never buy a property with an HOA."Of course, I understand the just of the argument. Often times, HOAs can present issues with alteri...
Tony Nguyen
Rehabbers Insurance
Hey guys,
I've been using Affinity Insurance aka Wrenn Insurance but it seems like their costs have gone up. I also have gotten emails from the owner stating of too many claims being filed and how to protect our prop...
Suzanne Player
When is a 506b worth the costs?
Can anyone who's done at least one 506b syndication share the dollar amount raised along with dollar amount of attorney/marketing/ other fees (ex, incorporation fees) raised?
I've Googled this & waded through m...
Antonius Childress
Wholesaling multifamily units
Hi, Im new here and to real estate relativly, I have my eyes on a few multi family units, which are commercial. My question is what to do next.I have the address, I can take pics, however its difficult to locate the p...
DJ Morse
How to find private money lenders?
How do you find private money lender who I can borrow from and pay a preferred return for three years backed by equity? I have always borrowed from a bank using my money as the down payment. I have scaled to where I ...
Dennis Johnson
Owner Financing stratergies
Alright BP multifamily personnel would like your help with this scenario:Owner financing opportunityFirst offer for 20 unit property 10 mins from a major college 950,00010% down payment2800 month0% interest 60 month w...