Dan Park
How to Set Up Residential Mortgage Loan and Partnership?
Currently, my partner and I are looking to pool funds between a few investors to invest in rental properties. After looking at both residential mortgage and commercial loans, I would like to investigate residential lo...
Ryan Foote
ADU Financing in New York
Hey BP,Long time listener, first time poster. My first house hack is in motion! In contract on a SFH in the Hudson Valley, with two rooms in the main house that have their own entrances and are perfect for AirBnB. ...
David H.
Indemnity in a Buyer’s agreement
Hello,
I have a question about an indemnification clause in a buyer’s agreement. A friend of mine recently got under contract and his agent wants him to sign a buyer’s agreement. He is ok with the exclusivity portion...
Thomas Visaggio
Buying a 2 Family Asset w/ only $2,500 Out of Pocket
The seller agreed to do a quitclaim sale into an LLC and then sell the LLC to my/my partner. I only have to pay $10,000 (over the course of 1 year with $2,500 being paid upfront) in order to obtain the ownership of th...
Greg R.
What's the most ridiculous buy that you saw over the last 2 yrs?
We're all familiar with how "crazy" the market has been over the last two years. However, even then there are some stand outs that set the bar for new levels of lunacy. During this time it was common for realtors to a...
Leandro Zhao
Something fishy, should I shy away?
I saw this multi family in my city for 450k where the market is supper hot (probably the ARV is 450k). Just by looking at the building itself, it looks like it will need a lot of work. If outside is bad inside must be...
Brian Vog
Companies/Individuals that management residential assisted living
I’m having a hard time finding management companies that are basically the “property managers” of residential assisted living homes. Is this a thing or does everyone do this on their own? For example they would find/...
Jonathan W.
Candidates with IRS Liens/Short Term Lender Bank Statements
Just for discussion purposesHave you ever considered or accepted someone who made great money but was under the table? How did you prove this person met the requirements or accept him or her? What are the risk and are...
Cassandra Hood
Rental management contracts
I have a question. Is it common for the rental management company to state in the management contract that if I, the owner of the home, decide to sell my home within a year of termination of my rental management cont...
Tim Johnson
MONDAY VENTING SESSION
Hard money / private money lenders, I am interested to hear what kind of problems and headaches you are experiencing in your line of work.It seems like everyone has a landlord nightmare story, but I'm less familiar wi...