Jordan Santiago
Refinancing During Apartment Syndication
Hey BP,So for anyone that has successfully syndicated large multi family, does anyone refinance, get their investors capital back, and then change the equity ownership percentages? Say it was originally 30% GP, 70% LP...
Michael Lenahan
Actual Value vs Replacement Cost Insurance
Hi, Anyone have any experience with replacement cost insurance?I'm considering it on my 4 houses in west Philadelphia. I currently have a landlord policy with Allstate that has actual cash value. The quote I got with...
Michael Lopez
Understanding Joint Venture Deals
I have recently found myself in what I believe to be a great position and would like some advice. I am having a meeting in a week with an investor who made it know that he would like to invest his money with me. I hav...
Jermaine Gourdine
TAX LIENS AND DEEDS (INFORMATION NEEDED)
Hello BP,I am currently a landlord for my duplex but, I recently have some interest in tax lien and deed properties. This past weekend I went to a seminar about this process but I am not interested in paying $4,000 t...
Greg K.
Other ways to offer home as collateral besides mortgage lien?
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...
Ian Middleton
Best business structure for SFH Flipping in TX
Dear BP Community, I am looking for some advice on the best business structure for a Property Flipping business soon to be established in Texas. I am reasonably new to the US real estate market and thus would apprecia...
Jeff Weissman
LLC & Meeting Minutes
OK, I admit it, I've been lax & lazy...but I want to clean up & go straight (sort of): I set up an LLC 2 years ago. The LLC holds title to 3-fourplexes. My wife & I are the only people named as members. We...
Account Closed
Assigning Options in Florida Illegal Without a License?
I have a question I'd like to throw out there for anybody who may know the answer.
I heard a well know real estate guru mention a few times now that you can not assign options or lease options (like a coopera...
Troy Davis
Do I Have to Pay?
Hello,
I have a piece of land that I purchased in 2004 in a small subdivision of approx 30 homes. By the way, the land was purchased for personal use to build a new home. When the land was purchased there was no HOA ...
PJ M.
Philadelphia Lead Safe Law and newborns
Looking for come clarification on the Philadelphia Lead Safe requirement. Everything I read online speaks of requiring the certification/exemption at lease turnover. What if a couple has a child during the term of t...