Jon Anderson
Promissory note for fixing Flip loan
A gentleman would like to borrow $20,000 and return $30000 on a short term, three month fix and flip. Does anybody have any templates for a promissory note for this type of transaction? I live in California.
Jeff M.
Boston Sweat Equity SFR or Owner Occupied Multi-Family
Hello everyone at BP,
My fiancee and I currently rent near the Allston/Brighton border and plan to live here long term since we can both walk to work, the grocery store, and entertainment. We have $300k in li...
Troy Johnston
New Member in Central Florida!
Hi Fellow BPers!
I'm relatively new to the Central Florida area (in rural Polk County). Previously resided in KC MO and decided to move back to the Southeast to be closer to friends and family.
I just bought my firs...
Oke Tammik
Selling rentals with seller financing
Hello everyone. I'm curious about what people think about using seller financing as an exit strategy for rentals? I'm legitimately curious whether anyone is considering this as an option, and if so, why? Obvious tax b...
Mordechai Perlman
Looking for creative mortgage ideas! What would you do?
This is a multi-part question. please let me know what you think in the comments! I'm 22 and getting into REI full time. My wife and I take side gigs and between that and our savings we don't have to worry about any e...
Andreas Prechtl
creative MF deal with existing loan
Hi guys,my partner and I a re looking at a MF deal that has some value add and the numbers make sense.The deal has a caveat though. There is an existing loan on it that has a "yield maintenance prepayment penalty" tha...
Samantha Klein
Would you try flipping or buy a 4 plex?
I'm posting because I am stuck, I don't know which direction I want to go. I will have a decent amount of money early next year from a cash out refi and I wanted to buy a 4 plex or two and start earning rental income ...
Monica Vanzant
Smell That? It's the Stink of Fear
Hello All,I am tired. The research, articles, podcasts and blogs on investing. Tired. The videos of advice from hundreds of people all over the web. Tired. The googling of success stories and failure commentaries, the...
Cameron Bock
New member from Stony Point, NY
About Me: Hi all! MY name is Cameron Bock, and interested in becoming a real estate investor. I was born and raised in White Plains, NY (20 minutes outside New York City) and now live in Stony Point, NY. My experience...
Shawn Regnier
Long Overdue New Member Intro
Hello everyone, my name is Shawn Regnier, and I have been lurking the BP forums for over a year; I figured it was time to finally make a formal introduction.I am a Los Angeles (San Fernando Valley) resident, and have ...