Jerry Velez
Wholesaling a Family Member’s Home
Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued. Would it be legal to wholesale a family members home (est. 1M), and receive a fee for the wholesale services? Theoret...
Thomas Seay
San Francisco Bay Area Real Estate Correction
So how much longer can this boom continue around here? I live in Palo Alto, where I have my main residence. I own rental properties in San Mateo, Foster City and East Palo Alto. The one in East Palo Alto I only pur...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Dan Handford
List of Lender Denials for Inexperienced Multifamily Syndicators
Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...
John Chapman
Lessons learned from wholesale deal turned into lawsuit
This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was approached about buying a buy-and-hold home from a wholesaler in a ...
Ross Gallo
Pullback Vacation Rental bookings if we enter recession?
Hey BP community!I’m about to start building a vacation rental in the dessert near Joshua Tree. I’m starting to feel that by the time it’s built we could be in a rescission (if we’re not already). What will this look ...
Michael Woodward
Did your real estate business survive the 07-08 crash?
@Joshua Dorkin , I wanted to ask if you could put together something structured (podcast, extended thread, book, etc) about the 07-08 real estate crash. A lot of us got burned badly during that time so it would b...
Hai Nguyen
Complete newbie here looking to learn
Hello everyone,
As the title said, I’m completely new to investing in real estate. I’ve been reading the forum and the responses and I have to say, you guys are very knowledgeable and very helpful. Please, as a compl...
Joe S.
Do you all asset based lenders do this?
Do you all asset based lenders do this? So I was referred to an asset based lender. They talked great game and said that I was a great fit. They explain their Lending and refinance program and so I find a property tha...
Adrian Chu
Best Hard Money Rate/Terms in State of Washington
Doing some research on hard money lenders. The most common I have seen are 2-4% fee, 1-9 month term, 12% interest price point.The best rates/terms I have found for Washington is:2% + $1495 fee, 4-12 month term, 9.5% ...