Mark Perrine
First investor meeting EVER!
So last night my biz partner and I sat down with two rich guys who are considering investing with us. We presented our business plan and detailed flip calculator and specific properties that we are targeting. They w...
Brandon M.
Let's get 2016 started off right- looking for a partner
Hey BPers, I wanted to reach out on here and see if I could find a partner to collaborate with on deals going forward so we can make some money together in 2016. I live in Clearwater so would be looking to do more dea...
Roman M.
Roth IRA first or down payment directly when purchasing?
Hi everyone, I am purchasing a triplex and I will be living in one of the units for a while, my question is should I put the 53k in a Roth IRA first and then use it as a down payment for my property or just write the ...
Tarek Emam
BRRRR Questions and clarity
Just need some clarity on the BRRRR model.Purchse price: $300,000Rehab: $100,000All in: $400,000Appraisal:$650,000Equity: $250,000For this example, lets say I put down 20% of the purchase price ($60,000) as a down pay...
Jaksh H.
LLC and financing
Hi all, I a new investor just learning the art and science of real estate investing. After reading all the discussions on various forums on BP, I want to set up an LLC and buy a single family rental unit for buy and h...
Cody Campbell
Seller holds the note while you flip.
I'm working on a deal to buy a house. Currently the house is a 3b/2b home with partial basement and detached garage and is on the market for 119k, local comps show same area and same size at around 120-130k. The house...
Danielle DeCormis
Renting property to LLC in lieu of Quitclaim Deed
Hello all!I asked a question last week about how to purchase a 50k turnkey rental property with a DSCR Loan and received some great feedback. I'm looking for some additional advice.... Due to the low dollar value of...
Byron Broadnax
Where to post if I'm a private lender?
I might find myself with $10k, and if I do, I want to be able to use $8K of it be a private investor because:
a) I feel I can get the return in 90 - 120 day, if it's a rehab project.
b) Duh! It's better then a bank....
Ken Rishel
Courts are Speaking on using MLOs and others as "Fronts"
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Pete Sailhamer
Using Investors to Replace your Apartment Down Payment?
I've been investing in 1-4 unit investment buildings (buy and hold) and recently have begun to look into apartment complexes. After reading a lot about creative ways to fund the down payment by partnering with privat...