George P.
When lending ~15k to rehabber short-term, what to look out for?
I have been (briefly) pitched by a rehabber who needs $$ to rehab multi-units, occupy and resell 18-24 months later. Promises 8% and percent of profit upon closing. Claims it'll be secured by 1st lien (I have to menti...
Javonne Gray
Need help on analyzing this deal on Duplex
Hello,My husband and I are looking to purchase our first investment property. We have been talking to a seller who would like to sell his duplex for 86k (He told me 80k in our first conversation, went up to 86k the ne...
Ali Barry
How To Secure Rehab Funding When Buying Owner Finance Deals?
Hello,I will be acquiring a 2 unit building using owner finance soon here in IL. Here are the details. PP: 147k Down Payment: $0 Monthly Payment: $1,200 Term: 36 Months Interest: 0% Balloon Payment $103,000.The repair...
Chris Robertson
Syndication, chicken or the egg?
I’ve read a ton of material in just the last few days about raising capital, underwriting deals, and the power of apartment building investing! I find it compelling but It brings up a question in my mind though that ...
Jared Haxton
Tools and Templates for Pitching Investors!
Hello everyone! I am trying to take the next steps in learning to raise capital from investors for Real Estate. I own a couple of single-family rentals and want to grow beyond what I can do with my funding alone. I ha...
Account Closed
Wholesaling REOs
Is wholesaling REOs in Maryland illegal? My agent who brings me REO listings just told me her lawyer said banks can sue me for fraud if I wholesale an REO through a landtrust. But said I can wholesale HUD homes throug...
Cheri Schaffer
Property managers - What's a fair wage?
Hey guys! This goes out to all people that have a property manager! I'm curious on what you pay your property manager. I've seen the average at different wage points, and was curious. Do you go by a percentage? W...
Spencer Gray
Bridge -> Agency or straight to Agency?
Of those who are buying larger multifamily assets how many of you utilize a bridge loan before putting permanent financing in place opposed to going straight into permanent Freddie/Fannie debt (or HUD or any type of p...
Carrie Giordano
Newbie from California investing in Ohio
Hi! I'm a newbie from Los Angeles with two rental properties in Northeast Ohio. I just discovered BP and am hooked! Currently, I'm looking for deals in the Cleveland area and to take in as much knowledge from BP as I ...
Jayden Melo
$1,000,000+ First Property
Looking to buy a four-plex in the Seattle area as my first rental property. However they all seem to be selling for $1,000,000+. Is that amount too ambitious for a first time investor? I would be living in one of the ...