Joseph Chacko vellukunnel
financing a small mobilehome park with 100% POH
Hi BP,I am looking to finance a relatively small deal. its a 4 unit mobile home park, all POH, 100% occupancy with slightly undermarket rents separate sceptic and a single well.At the asking price of $240K, there i...
Cole Hopkins
Zoned R1 but has 3 separate Units - Lender refusing to lend
Hi All,I am looking for any advice, thoughts or someone to just tell me I need to move on. I placed an offer that was accepted on a good size plot of land that connects 2 different streets and has 3 separate units on ...
Account Closed
First deal, trying to invest in multi family
Hey guys! Is it possible to buy my first apartment complex with no money. I was thinking of getting a loan from a hard money lender just for my first investment. A loan for the down payment and closing costs. What you...
Cassidy Adams
Buying a group of four duplexes all fully rented.
Hi there,
I have found a group of four duplexes, all are fully rented with month to month leases, that I am interested in buying. It will be my second investment package as I already own an SFR and am trying to buil...
Bob Jones
A tax question about seller financing and private lending.
Hi,In the past, I've explored the possibility of selling homes with seller financing. To my great dismay, I discovered that if you do this too frequently, you'll be classified as a dealer. As such, you will have to pa...
Travis Davis
Back out or contingency clause for wholesaling properties
I need a condensed contingency clause for wholesaling properties, I have one that's rather lengthy an need to shorten it . Thanks for any advice
Donavon E Frost
First property for house hacking
Hey everyone!I am currently 19 years old and trying to purchase my first property to house hack.I went in to a couple different places for financing and was told I need to gross $4,000 monthly to be approved for a $25...
Kiran K.
What options to park money until you find a deal?
I'm doing refi-cash out on my rental properties that have equity accumulated over years, given house values good and rates are decent, I want to get money out and use for future deals (probably this or next 1 or 2 ye...
Giovanni Vazquez
Financing ADUs without equity
Hello BP community, I finally bought my first duplex thanks to my phenomenal realtor Adam King in July 2024. I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest ques...
Andrew Scott
Lease Option or Sell?
Hello BP and thank you for any replies. I've researched the forums but couldn't find a solution to my particular situation. I'm also new to REI so Lease Options and other strategies are still a bit foreign.Situation...