Stephanie Martinson
Underwriting a value-add apartment syndication
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
Mariah Jeffery
Mechanics of seller financing
I'm about to make an offer on a multiple-property deal with seller financing and I have some questions. I assume if the deal gets accepted, I'll need to get a real estate lawyer but in the mean time, I'm thinking of t...
Phil Damjanovic
Need advice on an owner finance offer
Hi all,
I bought a duplex for $60k back in May with the goal being to make a cash flow stream, but since the market here is hot this year I've decided to see if I can't sell it. I put it on the market about 3...
Nick Deshotels
Dodd-Frank Impact on "Seller Financing" for Buyers
BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
Colin M.
What would be your first steps?
Hi there,I've just setup my first LLC, in the state of Delaware with the intention of buying and holding MF properties throughout the US, currently i live in NYC, however - I'm looking at investing in Chicago. I know ...
Account Closed
Structuring Subject-to on a preforeclosure
Hi Everyone,Has anyone structured a subject-to deal while the seller is in pre-foreclosure? I was thinking about coming up with the missing payments, fix the house and sell it or just keep it as a rental.Will the lend...
Parker L.
Multifamily and Deal Syndication
Hello BP community, are there any local (within 40 miles) investors who have experience with deal syndication on multifamily properties? I have really fallen in love with that type of deal structure for many reasons, ...
Alex Moazeni
Weirdest teanent ever.
Hi everyone. Just closed another 4 unit in dfw area.The short story is,I like the property so much and it came fully occupied with all inherited teanent. So at the inspection time before closing I found that the unit ...
Chris Adams
Land development partnership gone bad, what can 2 partners do to 3rd
I have been hired as a GC to take over the day to day construction, marketing, and sales for a subdivision of new construction duplex's. In short I am 99% in charge of everything. Unfortunately the subdivision is a...
Jesse Zhu
Hold out of state properties in Land Trust and LLC
After reading posts after posts of land trust, LLC and asset protection, etc, my head is spinning. So I thought I'd start a new discussion on my specific situation and solutions.I am closing five out of state REO prop...