Hello,I am a relatively new real estate investor. I've flipped two single family properties for rental - both were 80% sweat equity. I have come across someone my same age who is interested in being a silent investo...
Hi everyone, I have been stalking the BP forums for several years now, both under this profile and an old one I had. Thought it would be nice to start participating in the forums and connecting wih others, so here we go!
Are there contracts used with silent investors who just want to put in money on one project, get a return and walk away?
Hi All,I just finished my first rehab property! I've gotten a few inquiries from friends and associates on getting in an my next flip. Let's say I get a hard money loan and use 2 investors, one to close and one for th...
Hi everyone, first time posting at BiggerPockets! Husband and I are planning to buy our first short term rental in Pigeon Forge, Tennessee. We either have the option of using some funding from our HELOC or from a sil...
Hello Everyone! I am just curious to hear of any techniques, vehicles, etc that have been successful for you in the capacity as a silent partner making a capital contribution only during a property flip. Obviously the...
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Hello BP, I have a potential legal question. If I have a relative that wants to invest some money into a property I am buying, but I do not want their name on any part of the property, is there a legal problem to be c...
Hellooooo Everybody!
I have a question on how everyone sets up their flips. I'm currently doing approx 4 flips a year, but want to get that to 12+ a year. I currently take a HML to 70-75% LTC and 62.5% LTV (ARV) a...
An associate says he added a partner into his LLC because she had a nearly perfect credit score, and became guaranteer on business loans and commercial real estate, effectively making it super easy for him to achie...