Igor Messano
Loan options for mixed use properties
Anyone here have experience with mixed use property lending options? I am finalizing a deal for a 4 unit + 2 retail front property. So far I’ve only gotten quotes from banks for commercial loans with the usual 4-7 yea...
Felicia Hamilton
Quit Claim Deed - Transfer of ownership
Quick question I'm hoping someone can answer for me. I have an elderly family member that would like to give me some real estate. She absolutely does not want to put this in her will for her personal reasons. She w...
Matt Merriott
Request for upgraded door locks
Have a unit that has a standard deadbolt and door handle. Tenant is asking for a key pad type so her kids can unlock easily. If I decide to say yea do I make her pay for a new one and give me a key or is there a bette...
Marko Scretchen
LLC or Sole Proprietor
I currently have one rental property under my belt but plan on having more. Should I become an LLC or Sole Proprietor?
Vitamin Gee
Dodd-Frank | Prepayment Penalty Q
Hello,I have a question about Dodd Frank and the application of a prepayment penalty.I’m selling a condo for 305k.Buyer is:
Putting putting 30k down;Getting 130k mortgage with bank and;I'm dong seller financing for ...
Matthew Barnauskas
Hard Money Loan Gone Wrong
I purchased a fix and flip using Hard Money Back in October. This was a joint venture where I put 10% down of the total cost to purchase and rehab and I would split the profit with the lender (80% to me 20% to the len...
Tal Eisenberg
what to pay a broker?
So my partner and I are passing on a property that is going to auction. I am also a licensed broker and have a client who this is perfect for. As I understand, the noteholder doesn't pay a broker fee. The buyer is ...
Christopher Salazar
What do you expect out of your Project Manager?
I live in Chicago and have a project manager running all my rehabs in the Quad City market, and we buy about 8-10 properties per month in that market. If you have used a project manager in your business, what are your...
Joseph Duenas
Buying 10 Condos at a discount
I'm looking at the possibility of purchasing 10 condos from a single owner that need a lot of work. My plan is to either BRRR them or buy, renovate and flip them. Any recommendations on how to finance the purchase?
Michaelina Stathakos
Who can help figure out my Borrowing Power
Hello Biggerpockets Community, I need your advice...who can I go to to help me figure out my 'borrowing power'? We have 2 small multifamily properties each with small mortgages and generating good income. Plus our own...