Tim Krueger
Absentee Owner List
I have just purchased a list of absentee owners in my area. I will send out the post cards next week. To save on cost I will be sending out 500 at a time. 500 is when you get a bulk break from USPS.
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Adam Merrill
Withdraw money from IRA for down payment to start REI?
Hi BP Community,Would you withdraw money from an traditional IRA account to fund a down payment on a multi-family? I recently made a career change and rolled my 401k into an IRA and started a new 401k with my new emp...
Kris Laku
Private and Hard Money as a Newbie
Hey BP members! I’ve had a few questions on the route i’m looking to take in terms of real estate investing. I’ve been into real estate and have been in the learning phase for a while but i’ve been taking more action ...
Bella Hounakey
Personal conventional loan to LLC -Fannie Mae
I am a first time home owner . My lender is Fannie Mae. I received a loan for 30 year conventional. I want to rent out my property but first want to transfer it to an LLC. Is this allowed for a personal mortgage loan ...
Justin Tinsey
Foreign investor SFH/MFH in Michigan
A non-US citizen friend is interested to partner with me to purchase a rental property in the Detroit metropolitan area. Ideally not a cash deal. Timeline by March or April 2021.
Steve Lucas
Cable/internet Exclusivity agreement
Hello All, I am currently in negotiations with spectrum cable on a internet/cable 10 year exclusivity agreement for a 233 unit complex in Ohio. They are offering me 23k upfront (which seems low) 7300 a year in...
Brayden Currey
Finance for non-citizens?
Hi all, I’m looking to move over to the US and was wondering if anyone is able to offer advice about borrowing money on a visa. My current understanding: We (non-citizens) can get a regular mortgage through a bank onl...
Mike Komenda
Advice sought on Cash-out refi
Hey all, I just started on the BP forums here and have already learned a wealth of info but as always, every situation is unique, therefore i'm reaching out for advice.
My situation is as follows:
1.Mortgaging my pri...
Kevin Smith
Lease option asking price.
Hello guys, I just talked to a seller who is interested in doing a lease option on a duplex he owns, however he does'nt want to sell for what the property is worth which is about 120k . He said he would do it for arou...
Sandra Reid
First time investor analyzing triplex needs deal analysis help!
We have an off-market deal for a triplex, specifics are below. It looks like the initial returns are below what we would target, but there might be potential with some improvements to the property.
Asking: $220K
Dow...