I’m looking at starting a private REIT with friends and family. My idea is to form an LLC with ownership equally spread across all investors. After this is done, my idea was to have everyone (around 10 ppl) invest $50...
Hello everyone, I'm getting started with STR niche (used to have LTRs before and looking for better returns). I'll be starting out with my primary residence house to see if it's for me before I start looking for inves...
4 months ago I quit my 9-5 job 1 month ago I decided to pack everything and relocate to houston and pursue my passions in financial literacy, football training and real estate.I’m involved heavily in the first two but...
Bare with me I am very new to this community. So before I found bigger pocket i entered into a deal with a friend. His credit would not allow him to get financing so I cosigned for a 25% position in the property. B...
Hi all,We manage to buy 1 properties in Maple which is doing quite nice and one the verge of getting which should yield over 10% after costs.We want to buy at least 2 more properties this year.The thing is, we were lu...
Whether FHA or conventional, what type of proof do you have to give that you will occupy a property to qualify for owner-occupied loans? If someone were to purchase a multi-family property (2 - 4 units) with the inten...
Hi BP Members :Hope you all are doing well. I recently bought a 9 unit bldg. and the previous owner had used an attorney to lower their assessed tax value. It was a 3 year commitment where they would pay the firm a po...
Hi,I’ve done a few hard money deals and I’ve been trying to cash out refinance a rental that’s just about finished. The home is only worth about 85K so I’ve had a hard time finding a lender willing to work with smalle...
Hello, I'm new to the forum, and I was looking at a couple of deals that are worth a couple of millions of dollars. While I was looking at these deals, I was wonder how would I be able to organize a partnership where ...
Hey BP!If you had access to 250k cash - How would you invest it. This 250k is cash no interest. What would you do to quickly grow and scale this money? Next, who would be silly enough to lend that money free and clear...