Andrey Y.
Every syndicator claims that they have conservative underwriting
Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
Ed Nunno
amortization
can someone please explain exactly what this word means ?
Samantha Miles
Advise on Assisted Living Facilities
Hello BP Community!I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). This is a very new venture for me and I would be very grateful to...
Alex Winfield
Any solid info on VA Vendee financing? Any lenders?
Just got an inquiry in an REO group I host about a VA Vendee loan. I honestly had no idea what he was talking about, but when he mentioned VA loan"ish" on an investment property for 5% down I figured it was worth a l...
Stephanie Smith
MN - how to remove unwanted holdover tenant with covid restrictio
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Marc C.
The NEW Dodd-Frank-exempt Lease Option Concept
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
John Nachtigall
Alleged Self-Help Eviction Goes Tragically Wrong
Such a tragedyhttps://meaww.com/three-people-arrested-utah-real-...The tenets claim he was doing an illegal eviction, given their general character it is hard to believe them. Entirely possible he was just trying to ...
John Morgan
Quick LLC tax filing question
I formed an LLC for our six properties mid way through 2018. My property manager for my one out of state property wants to know if I will be filing my taxes under my name for 2018 (like they’ve been doing for the last...
Joshua Dorkin
Hiring a General Contractor: Failure to even Deliver a Bid!
I'm looking to get bids for a rehab project in my house, and as such, have sought out general contractors.
I contacted 6 contractors over the past 3 weeks. Of these, 5 have come to get the scope of the project and a...