![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/522040/small_1621481143-avatar-alexsanchez.jpg?twic=v1/output=image&v=2)
I'm interested in creating a bond and partnership with a real estate agent/broker near the Aurora, IL area. Need to start my first deal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/448300/small_1621477112-avatar-elirushk.jpg?twic=v1/output=image&v=2)
Hey BP,How do partnerships on deals generally play out? Do people usually come with a specific deal, or do partners generally seek out deals together?I'm looking to pull the trigger on my first Multi in the next 6 mon...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/98000/small_1694580215-avatar-vpc.jpg?twic=v1/output=image&v=2)
I know the 2% rule slides depending on the cost of the building...I'm looking at a 4 unit bldg now and trying to figure out a good way to evaluate these properties never having done a multi unit.
the GRM is an 8 and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/80868/small_1621415624-avatar-earlyowner.jpg?twic=v1/output=image&v=2)
I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140782/small_1694852960-avatar-tsmall07.jpg?twic=v1/output=image&v=2)
I know overall costs vary widely depending on where you are in the country, but it seems like ratios would stay pretty much the same. I may be incorrect about that, so if I am, please let me know.
I just finished ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/96473/small_1621416841-avatar-nonbankloans.jpg?twic=v1/output=image&v=2)
I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/676621/small_1621495252-avatar-dkarkow.jpg?twic=v1/output=image&v=2)
Hello BP community! This is my first post, so set your expectations low! Here goes ...Rather than save my way to down payments using my W-2 income, it is easy to imagine how using private loans could accelerate my REI...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/344563/small_1621445585-avatar-f100ranger.jpg?twic=v1/output=image&v=2)
I am working on an off market deal in Memphis and everything is looking good. House only needs minor repairs (pull out carpet and some painting). But in the living room the Sheetrock was laid the direction of the ceil...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/587355/small_1694552406-avatar-alexshaughnessy.jpg?twic=v1/output=image&v=2)
Good morning BP. I have been struggling with this 1031 I did in 2021. I kept the property management company that was in place. They ended up getting bought out by current one (CJ/Results). I have not had any luck wit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/89579/small_1621416531-avatar-ajm.jpg?twic=v1/output=image&v=2)
Hello all,
My dad just sold a commercial building so he has been shopping around for another building to buy. He has found one that he is set on buying but he says there's another one right across from it that would a...