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What are good questions to ask when scanning through a few "private lenders" to make sure I do not get scammed. Any advice/help would be much appreciated. I googled some questions to ask and also asked my Real Estat...
MY situation is this: I own a single family rental that I want to refi or perhaps sell. The lender is a local private individual who has helped finance several deals for me over the years. There is a substantial discr...
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What is a typical way of structuring a private loan for a flip, specifically on the repayment side? I am the borrower and want to approach some individuals I know about investing with me. I want to be ready to la...
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Did some driving for dollars near one of my properties in Oakland and found a boarded up property. I looked up the property and found the owner's mailing address. Sent some letters and then went over to the owners ho...
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I am in the process of learning everything I possibly can about owning rental property. I currently live in a small town in Kentucky and there are plenty of opportunities for Single Family Homes in my area. I would lo...
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I'm looking at a 16 units apartment deal. It is solid. Built in the 70's. Could use some slow updating but is all currently rented.
It is really 4, 2 story town houses side by side with 4 2/1 units in each house. The...
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My wife and I are looking to buy a primary residence and we are looking in specific neighborhoods within our destination city in central Texas. I just found out that there is a FSBO home currently in one of our targe...
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BP Pros...My Mom is somewhat interested in helping my out with a down payment on a multi-family. What are some basics in structuring the deal and presenting it to her so it is a win-win for both of us?Obviously, we e...
I have a piece of property in Green Valley, AZ that has been in my name for over 9 years. I need to pay off the mortgage to get my ex out of the picture, rehab it and my realtor will list for $155k. I am looking for...
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Has anyone had experience in adding a private entrance to an existing, below ground basement? I'd like to convert the basement to an apartment for my aging father but concerned about the costs. I am not finding much...