Account Closed
Seeking Advice! How Much Should I Offer for the Remaining 2 Units in the Building?
Hi Everyone,
I recently purchased the 4th unit in a 6plex and now I'm considering buying the remaining 2 units. So far, I paid below market rates because the building was severely under managed. Now, the other 2 owne...
Ryan Romero
Appraisal came in 25K less than the sales offer
Hi everyone! I'm a newer member of Bigger Pockets and was hoping to get everyone's take on my situation. I'm likely considered by this group as a rookie investor. I've only done four deals (working on my fifth now). H...
Rico Castillo
Asking for suggestions on how to structure this deal
Hello everyone. I'm a long-time real estate agent. I did 1 seller financing for a client 4 years ago and have done 11 lease options, but they were all pretty easy.I have a buyer who needs a couple of years to work o...
Adam B
Stay-at-home-dad looking for advice.
Hello BP community.
My wife is a Physician and with our first child being born 3 months ago we decided it would be best for me to quit my job as an engineer and become a full-time dad.
Finally getting out of the co...
Russell Peden
Commercial Lending question....
Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...
Kevin Reik
Percentage to private money lender family member
My father is considering a HELoC to fund my real estate investment What would be his pay structure? What percentage should he get?What are average HELoC rates (Im in NY but curious of rates to expect)He would be silen...
Andrew Reyes
Should I raise more capital than I plan to need?
Hi All:I am in the process of working through a business plan with my partner to execute on the BRRRR strategy. We have limited funds ourselves but family and friends have expressed interest in investing with us. If w...
Keaton Hill
Starting out with little to no money, which method is recommended
Hello, My name is Keaton I am currently in Japan looking to move back to Oklahoma in September, Upon arrival I am looking to purchase my first single family or multi family house that will start my investing journey. ...
Michael Myers
How to Add Refinance Costs to a Property's Cost Basis
Hey Everyone! I've been working through Brandon Hall's guide to the treatment of closing costs (link) while finishing up a refinance, and I think I have everything figured out except when he says that some costs are "...
Jonathan Orr
Note Underwriting/Proforma Question
Hey BP communityI recently was introduced to an opportunity for purchasing performing and non performing notes (1st and 2nd position). I have little knowledge about it and wanted to know if anyone had good advice of ...