Account Closed
Difficult CRE mortgages. Needed a mortgage broker.
Hi BP members,I’m looking for a tremendous experienced mortgage broker who’s worked with entities which don’t have US citizens as principals. I applied for non-recourse commercial mortgage loan to a few lenders. All o...
Scott Gorham
Apartment complex purchase
I found an apartment for sale with an assumable loan. The loans has 35 years left with a really good rate. My question is how do I work out a deal with the owner so that I pay him back over time the equity? I don’t ha...
Nicole Heasley Beitenman
I have a deal and want to offer, but I don't know where to start
Hi BP!The house next door to mine is for sale. The previous occupant was a good friend of mine, so I've been in the house many times. It was in good shape but outdated. After he vacated, his landlord sold it, and the ...
Jim Kittridge
The Ultimate BRRRR - How I made $700k with $0 in the deal
I don't want to brag, but I do want to break down how I made $700k BRRRR'ing 7 houses so you can copy it.
Just over a year ago, I purchased 7 properties from a landlord who was focusing his efforts on growing his new...
Darian Richardson
BRRRR: Refinancing Seller Finance Balloon Note
My Fellow BPERs and BRRRR Connoisseurs,I need your advice and expertise.Currently, I am looking into an off-market deal in Lawrenceville, Ga. The property is in need of repair ( roughly $22k in reno), with an ARV of $...
Ryan Dossey
Site is under heavy load
Hey guys I searched and didn't see anything. Maybe I just have terrible luck. The last few days most times I try to get on I get an error that "the site is under heavy load please try again later". I check in several...
Michael Thrower
Presentation to Private Investor
If you were looking to use Private Investor Money to fund your first flip or rent, would you present your entire plan to them first and how much would you typically return to them?Seems I read the average return to Pr...
Stephanie Garcia
Repairs and maintenance
Here's the situation.The fence at my house blew down and we had to fix it. There is a empty lot behind us, so I reached out to the owner of the lot and let him know the fence blew down and we were going to fix it. He ...
Grace Lerner
Renovation to a Single Family Or Triplex?
Hello BP! I have recently become excited about a townhouse for sale in my area and I need some opinions. First some facts:The property is currently being used for SRO. It has about 3,600 sqft, and three floors. It nee...
Michael Hayes
HELOC as Down Payment on Commercial Property
I've seen many in different forums, but still trying to find an exact answer on this. I know a HELOC can be used as the 25% down payment for a residential property, but how would a Commercial Lender view using a HELOC...