Jacqueline Mee
Collecting payouts as a property manager(management/cleaning fee)
My business partner and I started a property management company this past year after managing a friends airbnb/VRBO. There was a little bit of flexibility in terms of how we collected money with our friend at the time...
Harriett Williams
Wholesaling using transactional funding!
Hello BP Family, I need a little bit of understanding on flipping HUD homes using transactional funding. It is to my knowledge that when buying a HUD home you have to have proof of funds this is where T funding comes ...
Ivan Correa
I HAVE INVESTORS BUT HOW DO I STRUCTURE THE DEAL
I have two investors with cash and ready to join me , one problem is that they want to join my company and thats an issue because at the moment my partners and i are new and are waiting for a deal so that we can work ...
Kathryn D.
Tenant wants to sublet room in apt without landlord involvement
Hi! I have an excellent long term tenant (7 years) who has gone through about four roommates since she has moved in. The moveouts have been for usual life reasons (moving out of town, moving in with boyfriend or gir...
Justin Young
Possible to have a seller financed deal combined with a loan?
Aloha BP!If an owner was willing to seller-finance more than 30% of the property's value, would a lender be willing to loan me the remainder of the deal? For example:Property worth : $320kSeller-finance : $120kLoan : ...
Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Eric Thornton
First deal - looking to use a 401K loan
I am looking to make my first investment in commercial real estate. In doing a lot of research here on BP and elsewhere, there is so much information regarding using 401K's and self directed IRAs for real estate down...
Jarred S.
When will the bank cut you off
What are the things to consider regarding a starting out strategy? Should one lump a good bit of available cash in on one rental or try to stretch that out with 10% down and taking out a mortgage across the first 5 or...
Account Closed
HELP!!! Need to Terminate Lease BEFORE Tenant Moves In... (longish post)
Hi BP-- This is my first post. Well, my first everything actually. I've screened and approved my first tenant on my first investment property (duplex). Here's a brief rundown on the situation:During the lease signing ...
Jeff Filali
Been away from BP...but exceeded my 2017 goal with 26 total deals
I've been away from BP for the past two months, after my father passed away from Cancer the last week of October, one week prior to my 40th birthday. Followed that up on December 1st with another family member, who's...