Im just getting started with REI in the dc maryland va area and I have a general question about getting established. How do I go by finding a homeowner whose willing to finance his own property to an investor in the ...
Hi BP Community! I have just joined and been listening to the podcasts and diving into the idea of REI the past few months. Both my husband and I work in the film industry so we are pretty tied to this location for ...
I was reading a thread here on BP about private money investors, and ways that those investors can get their money back sooner than later. The topic of doing a refi as a commercial blanket loan after purchasing severa...
I am looking for the best advice in regards to how to invest $1.8M from an inheritance. Part of the clause of the inheritance reads, all the proceeds would go into a Trust between (2) family members, the inheritor a...
Hello, First, a little back story. I currently have one rental property and I'm looking to expand. The one property that I do have is now owned free and clear. My property is located in Las Vegas and I have a manageme...
Please help! I worked really hard on my first multi family property and created a lot of equity but also was able to lock it down on a 30 year mortgage at 3.25% apr. I’m not sure if I should refi and enter the comme...
Hello all,
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...
Forgive me if I've posted this in the wrong forum. I'm reading R. Mike Weese's book 'Janitor to Multi-Millionaire" and I'm trying to wrap my head around the concept of him "...'creating' a 2nd note and trust deed....
Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
I am a newbie that has made the commitment to start purchasing multi-family properties beginning in the new year (2017). I am stuck and have some general questions to ask to help me get on track. First, I don't perso...