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Hey everyone. I have found a property that I really like and with some quick updates (that I'm able to do) would be able to be a great investment. Unfortunately, I don't have enough cash for a down payment. How does o...
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My primary residence was a short sale I purchased a few years ago so I have built over $275,000 in equity built up. I also have an investment property rental with a mortgage and about $80,000 in equity on that. I have...
Hi,I'm in the process of closing on a MFH and am getting mixed advice from two CPAs (one of them is my current CPA). At this time we are going to take title as individuals as one of the units with be owner-occupied by...
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Can someone explain to me why exactly is hard money or private lending? Also can anyone who comes across a good deal get hard money?
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My name is Tom Evans (how ya doin?). I'm the owner of a small construction company in Mansfield Ohio. The company consists of construction, chimney service, snowplow service, and real estate investing. My son will tak...
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Hey Everyone. So I bought 25 acres about a year ago and have been dropping $1200 a month into it (money from my J.O.B.). The problem is that I bought it to keep a developer from getting their hands on it and turning i...
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Hello BP. I have been looking at potential deals in the South Shore Neighborhood of Chicago and thought I'd ask to see if anyone on BP has had success in this neighborhood. I have ran several properties through analy...
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This last Friday I responded to a text that was sent to me buy a wholesaler in town. It described an open house on a piece of property that I was interested in. I checked out the house and decided that it was a deal t...
Hi folks - I have an opportunity to participate in a syndicated investment, as presented to me by a friend (trustworthy) who works in commercial lending. The face value numbers are intriguing: 7% preferred return with...
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I'm starting to learn about seller financing in the hope of doing a deal soon. Let's say the terms are that the loan amount is amortized over 30 years, but the length of the loan is five years with a balloon at the e...