Vincent Chen
What exactly can I have before put the property under contract?
Real estate investing is game of number.So I am curious that what number exactly can I obtain and verified before I put the multi-family rentals property under contract?If the information is limited,how can I do the i...
Wy Kay
Landlords: What was the most difficult problem you experienced?
Share a difficult situation you experienced and how you handled it as a landlord.
Robert Burns
Potential Wholesale Deal Overview
I just came across what could be a good wholesale deal in that I have a very motivated seller and the begininng of some good numbers.
3 BR 1 BA 1,200 Sqft
Estimated ARV: $100,000
Repairs Est: $15,000
Asking: $70,000
...
Account Closed
Tax Lien approach
I found a vacant property and contacted the owner. After title search, a $202k tax lien from another tile co. was placed on the property May 2014. (BTW, the property ARV is approx. $126k.I would like to do a lease opt...
James Reiter
Business Entity Setup
Hi Everybody,So I am a new RE Multi Family Investor, and need some advice on what Business EntityI should initially setup. Here is some criteria.1. I will be the sole individual in the business2. I will be partnering ...
Matthew Reed
OMG 13 pages! Purchase contract.....
Ok, I got a lead on a house, I look at it and tell him I'll pay him $85K for it. He agrees, says "send me a contract". I used a one-pager that was in the class I took (I've used it twice before, both times rejected)...
Andy Brown
Loan terms with family and friends for buy and hold down payment?
Team,
I'm interested in hearing how people have/might structure deals with family and friends for buy and hold. To add some detail, say I'm seeking 50k to go towards down payments on 2-4 unit midwest properties that ...
Alejandro Hayden
Private Money Confusion
Hey BP family, There’s something on my mind that I thought I had a grasp on but, seems like I don’t. If I’m working with a PML. Say he or she wants me to bring 15% to the table and they’ll finance the rest. Does that ...
Account Closed
Lending Options For First Time Investor
Hi BP, I'm currently in the very beginning phase of how I should approach making an investment in real estate. My initial cash investment would be conservative so figuring out how that will limit my options for availa...
Matt Meyers
Setting up a LLC in Indiana for out of state investors
Does anyone have experience setting up an LLC in Indiana when you do not live there? We've started the process, but are being told we need to either be a resident of the state or have an office there, which we aren't/...