James Syed
12 unit Building Valuation
Hello BP Members, I am interested in purchasing this 12 unit building and would appreciate if members could assist me with purchase price. It's an off market property and Seller has passed away and his family doesn't ...
Nate Burnett
House hacking, Multi family, long term tenant way under market
Hi all,We're looking at a property that has been owned by the same person for 40 years, they've had a tenant in the other unit for 10 years. Market rent is about $1600+ for the unit and they're paying $1200.I don't wa...
Ryan Moore
First Property, Deciding Between Lenders
Hi, I'm under contract for my first property, a 4-plex. I received loan estimates from 3 different companies (30 yr conventional). Two of them are in contention. 1 has a lower rate by 0.25% and the other has closin...
Thomas Watson
Deed in lieu
If I own a 1st position note on a house that is vacant and the borrower is on board to do a deed in lieu, do I have to still do a foreclosure to get rid of any junior liens? Does it ever make sense to do both a deed ...
Will K
Financial Due-Diligence Addendum - Feedback?
I was going over my P&S Agreement, and realized there is no section in there which would allow me to nullify the contract and get my earnest money back if I discovered the rental income was not what the RE agent h...
Jason Rowlett
How to get started with $120k cash?
I am selling a condo I own in California this summer. Out the door I'll receive approx. $100k in proceeds. I want to get started in CRE investing in my local area (Austin, TX) and elsewhere in other states, too (i.e. ...
Dale Bertrand
AirBnb unauthorized party
I'm curious what you guys would do in our situation. We have an AirBnb renter for a STR who hosted a gathering at our house. We explicitly told him no parties or gatherings of any kind. We found 300 beer cans in 8 gar...
Leona N.
Cash flow with 100% leverage
Think I'm experiencing analysis paralysis we have run so many scenarios lately. We are looking at a deal that is more of a business than real estate in that it would be a full time job for 4-5 months out of the year. ...
Darryl Binkley
Lender Credibility (Global Private Investment LLC)
I am a new REI and seem to be struggling getting that first deal done. Hard money is easier to get but this seem like a great opportunity for me to take advantage of. Has anyone used Global Private Investment LLC, Dav...
Tony Marcelle
Ignore MLS leads permanently??
Should MLS leads be completely avoided for real estate investors if they are looking to get a good deal?