Alex E.
investing with partners
Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
Stewart Olney
My house hacking experience
So @Brandon Turner has talked about house hacking sometimes, which is renting out bedrooms in your house or living in a 2-4 plex while renting out the other units. I realized that is what I had been doing when I first...
Sahil Relan
Inheriting Tenants, Help Needed
Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...
Todd Bayer
C-Corps and UCC-1s
Does anyone in these forums truly understand the benefits of having C-Corps and utilizing the UCC-1 form? I have just been told some very intriguing information and I would love to discuss it with someone further. P...
Casida Caines
Lender asking for closing date extension/ anxious seller.
Hello everyone,
My lender is asking for a 7 day extension on the current closing date, February 9th, but the seller is anxious. Has anyone encountered this situation before and what are some possible options/strate...
Patsy Waldron
Using one property as collateral/down payment for another
Hello lenders and experienced BP investors out there....How realistic is it to ask a conventional lender or private lender to use one property (a SFH owned free and clear), worth $75K, as collateral instead of a down ...
Rich Hupper
Where do developers get their money
Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...
Andrew Hernandez
My tenant is also an agent and wants a fee
I am in the process of renting out my primary residence to a couple. My mother in law, who is an agent listed the property on the MLS and assisted us with the process. She was not going to charge us anything.Now, the ...
Steve A.
How to get my s/o involved in my real estate projects
Hi!I own a lucrative business in a non real estate industry. I was able to start it because my original business was/is buy and hold rentals, which freed me from a job. Now that I have cash to invest, I am looking to ...
Shane H.
Positive Experience w Buildium & its CEO Michael Monteiro
Had a very positive experience today with Buildium and Buildium's CEO Michael Monteiro. This is a bit of a long read but wanted to share.If you search some of my post history going a ways back in a # of them I had a ...