Account Closed
Tracking seller financed deals
Hello everyone. I'm curious, about how you go about tracking the balances on seller financed deals. Is there a computer program or mobile to this?
Olesya Richards
How do you calculate a mortgage balance on a seller finance deal?
Hi, I have a friend who purchased a house on seller finance terms. The original purchase price is $165503.44, 10% APR, $700 monthly payment. She started paying on 09/14/2017. Now she wants to get out of that contract ...
Ahsan Khan
Getting w-2 from own company
Hey bp members,
So i am looking into buying my first property, but it seems like its probably going to be in the beginning of 2018,
Hearing other investors talking about putting your investments in A or B properties ...
Tim Silvers
How to protect against potential mechanic's lien after closing?
Purchasing a fix and flip from a seller that had prior issues with GC and is concerned that GC may file a mechanic's lien on the property even after the property is sold to me. The repair work was for an insurance cla...
Account Closed
Out of State Multifamiliy Rental Tips on ?
Hi everyone,Are there tips that investors who purchase out-of-state MF rentals can give to someone pursuing the same types of deals? Tips and suggestions on anything from organizing your ground team, red flags to look...
Vee L.
Separate entities to manage vacation rentals?
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...
Nick E.
How to book lender credits on a refinance
Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...
Jack Moreno
Are we Bankable or not?
My wife and I are starting a small real estate investment company as our “side hustle”. We are wanting to know if we would qualify for a portfolio bank line of credit with reasonable interest rates, to “Brrr” and or f...
Jacob P.
Bank that works well with multiple accounts
Hi all,Question pretty much as in the title.We have 3 rental properties. Looking to balance Keeping It Simple and being on top of things.For years, we used Ally. What I loved about them was that each property could ha...
Gabriel Orduna
Possible deal in the works
Hello everyone,
I need some advice. I have a situation that I want to take advantage of but I’m not sure how to go about it. My wife’s family owns a home that they would like to sell for 690,000. I don’t qualify fo...