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I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
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I am starting to expand my portfolio in real estate, I currently have a primary residence, a duplex, and closing on a SFH rental soon. I also want to invest in equity and futures market as well. Does anyone have any e...
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Hey BP,So my grandparents have been trying to sell there house for a few months now. There is no mortgage on the property. They have already moved out and are living with my aunt and uncle in an in-law suite. The hous...
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Ok fellow BP agents/members, I am looking for some insight and advice on how to handle this situation. This could be my chance to really go fulltime into RE all together. I have come in contact with a local developer ...
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Hello all,I want to throw this out to the BP community and see if we have a foot to stand on. So, two business partners and I were just in escrow on a listed "duplex." We are 25 days in on a 60 day escrow. The escrow ...
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I have an offer from a friend of my father to loan me $25,000 at 5% over 5 years. The money will be used as a down payment on a duplex I am looking to purchase. I am financing the remaining 75% with a traditional mo...
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Hello,I recently just put some properties under contract with an investor. This is both of our first deal, so we are unsure as to how to structure the partnership. He supplied the funds to do a cash offer, so the prop...
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I've been running an advertisement once a week or so in craigslist under misc. jobs - the subject: House Hunter Wanted
Here is what I put in the add:
Hi.
Are you looking for some extra income? I'm looking for some...
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I’ve never used private lending, what would a deal look like if I use private funds. Let’s say I borrow $100k. How long can I borrow it for and what is the average I will pay at the end in % & fees or what are the...
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Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...