Jevin B.
What Would You do In This Situation?
Hey B.P. I am a first time investor and I have a question about structuring a deal. I’m 23 years old currently renting in the Bay Area. I’m self employed and cannot qualify for a loan. I have a family member who is a ...
Emilio Pereira
JV CONTRACT STRUCTURE HELP
Good afternoon All,
I have a question that I hope I could get some guidance towards.
I have an investor who is willing to split the profit 50/50 for a fix n flip that I will basically be the project manager on. He ...
Sierrah Fanth
Commission Vs. Referral Fee
I'm an unlicensed Investor working under a business. If an unlicensed person brings me a buyer for my PA in a wholesale deal ,I can pay them a referral under their BIN or EIN.
However, If a licensed agent requests co...
Aodhan Ridenour
Joint Venture with Rehabbing Company
Hello all,My partner and I own a contracting company and have completed two full rehabs ourselves in the past year. We communicate regularly with investors who are looking for us to give them quotes on full rehabs. Wh...
Carlton Chestnut
Newbie Question - 50/50 Partnership Setup
My brother and I are looking to purchase a multifamily property together 50/50. We look to use a FHA loan (one of us will live in one on the units) and split all work, profits, expenses, and equity down the middle. We...
Luke Calhoun
Selling partials with wrap
Howdy,I do owner finance and am dipping my toe in selling off partials, simply to grow the business. My question is, how are investors floating their wrap payment after selling off a partial note? I assumed that most ...
Si L.
Seller Financing Help
Hi BP community.First post, I'm the seller of a SFR, and will be carrying the Note (seller financing) to help out the buyer/tenant who is someone I know.I have no experience in such deals. Is there agreements/contrac...
Jerry Niesman
My 1st personal flip
Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Purchase price: $85,000
Cash invested: $4,200
Sale price: $125,000
Home is in low income area nearly all buyers...
Dana A.
Commercial RE vs Residential
Waiting to hear back from the state (CA) to take my exam. Although residential seems to be the direction most people take, I am intrigued by commercial and wonder if I’d like that area of real estate better. Any input...
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...