Mike Doubek
Newbie from Chicago
Hi all,My name is Mike and I live in the Mayfair area of Chicago. So I’ve been lurking this site for a few weeks now, drowning myself in content. I have used the search function as much as I can to get answers to my...
Daisja Vance
How should I view debt?
Hello, amazing community!! So I have a question and I want the most blunt response, when starting out with investments how do I look at debt? I have started getting into business credit and I've been told when getting...
Walter Pape
Dodd-Frank / SAFE Act regarding MH investing
Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
Dan Handford
List of Lender Denials for Inexperienced Multifamily Syndicators
Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...
Loring Hinds
Renting former principal residence- first time landlord
I have purchased a new home and intend to rent my current house. Cash flow will be neutral to slightly positive, but the Tampa market seems to be finally rebounding. My goal is to capture the appreciation that will ...
Kevin Whisler
Quadplex seems to be cashflowing 1k a month. What am i missing???
Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
Chris H.
I would like to become a Hard Money Lender. Any resources?
I would like to become a hard money lender.
I have the customers on both sides and a specific business model. I can sell it.
I have the cash reserves myself to lend, as well as know both individuals who want to fun...
Conrad Feh
HELP!!!!New Investor...First Deal..Loan Issue!!!
Hi BP family,I am a new investor and currently have a contract on my first potential deal, but having some issues getting financing and needs some advice. Here is a breakdown of the issue:Property/Land is in the Alpha...
Hugo Camberos
Eviction Notice
Hello BP,I've been following BP for information on how to obtain my first rental property and I couldn't be any closer. As a current tenant myself, I understand the nuisances that come from the property and sometimes ...
Sal Mazzone
Need help with a lending situation
BP community-I'm in a bit of a situation. I'll try to keep it as simple as possible:I'm in contract on a duplex that will be a buy and hold rental. Partnering with two other individuals, creating an LLC, and obtaining...