Andrew Werner
Ideas for creative financing on a commercial space?
I visited with a friend the other day who had converted a 5,000 sq. ft. commercial warehouse into a living space/art studio in Inglewood CA. It was really well done. They live in the front 1,500 ft, and the rest is ...
Mike Neubauer
Pro/Con Sell with Lease Option or Seller Financing?
We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...
Jason Scharf
Secure financing to achieve specific goals
Getting right to the point. Current profile:Age 33, single, no children, full time employee w/ annual salary of 49K, 403B Retirement Account of a little over 45K (as of today), Money Market Account of 30K. 700+ credit...
James Mudd
$15,000-$20,000....how many houses can I acquire?
...I can save/accumulate $15,000- $20,000 per year to acquire properties....realistically, how many properties for buy and hold can I acquire per year at this rate?...just trying to set proper expectations and to s...
Porsche Thompson
1st Deal Down, Now What?
Hello BP Family!So I recently purchased my first multifamily property. Its a triplex that I'm currently house hacking. Me and my husband were able to get in with no money down thru our VA loan and we already got the o...
Lee G.
BAC pre-qual with REO
Anyone ever run into a requirement to pre-qual for a loan with BAC for them to even look at an offer?
We made an all cash offer on a duplex that's REO by Bank of America and the listing agent required us to pre-qual...
Delbert Standifer
What are your thoughts on this deal?
Hello everyone what are your thoughts on this deal?Off market duplex for 90kSeller is a friend who is willing to do seller financing.50% down(45k cash) with 6% interest for 7 years?It can easily go for 85k cash.What a...
Steven Scheer
Purchasing a SFR using credit cards
Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home...
Eric Smith
How I turned $10k into a $50k Line of Credit
Almost 2 years ago, I was a finance director at a Dodge dealership in my home town. I had been building my rental business but soon learned that having to come up with 15-20% down on each house prevented me from buyin...
Heather U.
the opposite end of "starting out"
I see lots of discussion and help around getting started but I'm curious to know about everyone's end game plans. I keep reading about getting started by using the BRRRRRRRR (how many R's?? hee hee) Method but for ...