Bryan Hancock
Negotiating Loan Covenants In Commercial Loan Documents - Nervous Lender Clauses, Etc.
We're in the process of negotiating more favorable terms on large guidance lines of credit for spec projects in Austin, TX. I was hoping some of our experienced lenders or developers could share their wisdom with how...
Josh Calcanis
3rd Deal with No (liquid) Cash Down
BP,This past Friday I closed on my 3rd deal since starting to invest in Sept of 2015. My first property was a SFH followed by a Triplex in Thorton Park Orlando. I recently took a break from the 9 to 5 sales role that ...
Ricky Stafford
Where to find duplexes?
Hi.I am interested at swooping up a vacation rental style investment in the shape of a duplex that would also double as a long term rental should it be necessary. I would live in one side. In most markets I have looke...
Mala S.
How to choose a mortgage lender?
I am looking to buy my first property and I am not sure how to choose a mortgage lender. I have been pre approved by two lenders and they basically gave me the same options and a similar rate. So I was just wonderi...
Brittany Villamil
What am I doing...how to work these numbers???
Need some input!!I do not have fantastic margins here..Purchase price: $146kRepairs: Cosmetic only. House is 2300 sq ft. $23k?ARV: $215Got a hard money quote ...30-35k out of pocket. Yikes. Is that pretty much what I ...
Vickiel Woodard
Scared: I bought three distressed houses with no money for rehab.
Hello BP! I've been grinding for the last several months, with two jobs, family crisis and a caregiver for my sister. My plate has been overloaded But, I love real estate and make time for it somehow every week. While...
Bryan Cork
Legalized marijuana and the effect on the market
I live in Colorado Springs, and we have dispensaries all over town. And I know that as well as store fronts that sell, there are a huge number of indoor grow operations that operate in industrial areas, as we as in re...
Richard C
Would Small Town Commercial Property in Oklahoma Work as Multifamily Housing?
Hello. I'm new to BP, but I see a wealth of knowledge in this community, so I'm here to seek your advice.
I own two properties in eastern Oklahoma. I lived there a few years back and tried to be an entrepre...
Derek Sperzel
buying "in the hood?"
I have been looking for my first house to flip. I have found some great deals, but most of them are in the low income, high crime rate part of town. I am concerned that although I can purchase these houses for a low p...
Ira Jeter
15k in arrears, go or no?
3 bed 2 bath 1200 sqft single family Principal Loan: 94k + 15k arrears/taxed&fees = 109kARV: 120k My question is would this be worth a 15k down payment to stop the foreclosure, and use owner financing to po...