John Clarkson
Bank stopped due to Covid: How to close with seller finance?
We are purchasing a senior housing portfolio and we have gone through the underwriting process with our bridge to HUD 232 lender. We were at the final step of working with their legal team to prepare the closing docum...
Ed Russino
Private Money Lender Basic Questions
Clearly there is a lot of due diligence required when acting
in the capacity of a private money lender, but are there any particular
measures that one takes to help to ensure your financial protection such as ...
Shane Cloutier
An unfortunate side effect of real estate investing.
Today my wife and I went out shopping and on the way home we visited a possible lead. Once we stepped inside this apartment building we came face to face with one of the biggest side effects of being a real estate...
Michael Perry
Baltimore City Rental in 21229 worth at least 80k?
Hey Baltimore City Investors,I need some help evaluating a couple rentals in 21229. They are 3512 and 3514 Old Frederick Rd. They are off-market and I'm talking to the seller now about buying them for 60k each. 351...
Isiah Ferguson
3rd property unit #4
This is for motivational use only. Me and my wife closed on our "Primary Residence" back in August 2018. I believe is is a C+ neighborhood. In the back of my mind, I figured somewhere down the line this house could po...
Matt Ward
Help with joining syndicated deal as investor
Hi guys (this is a repost just to make sure I put in right forum),My business has done well and I am looking to exit in the neighborhood of 7 figures.I have been very actively seeking out real estate, running deals, t...
Justin Donaldson
Been circling the pool too long. Time to dive in.
I love this site. Everyone seems so willing to help others, collaborate on ideas, and partner up. The podcasts have been great too. I love hearing success stories.
I quit my job a few months ago and thought I'd quick...
Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Brian Wilson
Finally Ready To Actually Do Something
Merry Christmas and Happy Holidays BP!
I've been putting off this post simply because I wasn't entirely sure how I wanted to structure it. I've been a wannabe real estate investor for the last 3 years. You're probabl...
Randy Chapman
Potential Deal - Funding Questions
Hi everybody,I've been doing my homework for the past several months and finally stumbled across a potential deal. Mid 200s purchase with comps in the low 400s for ARV. Planning to look at the property today or tomo...