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I'm interested in hearing how you've negotiated and priced loan guarantees for your small (less than $5M total project capitalization) projects. Many of my new projects will be set up as GP/LP arrangements and some m...
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I am new to investing and haven't done any deals so far but I would like to start offering as quick as I can. I am In the process of selecting a hard money lender and trying to get pre-approved but I do not want to g...
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I have been working with a couple who is moving up from NYC to Syracuse. They came up to visit the place a few days ago. Their mother has agreed to guarantee the rent and has already sent me a bank check with security...
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Hey BP community!I've come across so many landlords as of late who are in a tough spot due to NYC shutdowns, lockdowns, restrictions or whatever you want to call them. Tenants are out of work and eviction courts are h...
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I am being told we absolutely need a personal guarantee on the loan, which is scaring the ownership group... What resources can I begin to look into.
ust had dinner with an experienced note investor. Told me a story of a fairly well known broker/investor who sold him a contract for deed claiming asset value $70k. paid 35k. Note was current. Immediately went into de...
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I was looking at a 12 unit multifamily complex and it says that rent is guaranteed for 2 years by a property management company? What does that mean exactly?
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I saw this on the co-signers form in the bigger pockets book. What is this used for?
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So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...
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I am new to the forum and am in the learning phase. I hope to begin my first search for a rental property in the next few months after I get more knowledgeable on the topic.Is it possible, and if so, how, to purchase ...