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Has anyone utilized the 100 percent financed Multi-family Acquisition Program? Apparently they assist walking you through finding deals, financing them/obtaining business credit, and closing the deal...
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Hi All! This will be my first investment property. I currently live in Washington State, and am looking to invest in OH, providing housing for Section 8. I’m a full time property manager in my 9 to 5 and manage 138 do...
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The Do's and Don'ts of Rental Arbitrage and why I think it is one of the best strategies RIGHT NOW for those getting into real estate for the first time, especially with today's rates and market. I used Rental Arbitra...
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I've never purchased anything other than a SFH, and I'm currently eyeing a few deals on 20-30 unit apartment buildings, which puts me into the realm of commercial lending for the first time in my life. For this scena...
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Hi BP,I have purchased a vacant lot, got the plans approved for 31 unit residential building in NY. and ready to build.I need to get investor who can fund40%, I want to fund 10% and bank will do the rest. In return I ...
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Hello, BP Investors!
I have a great mentor who I met from right here on BP, and he hired me to project manage a duplex renovation for future rentals. It was purchased by a foreign investor in Hong Kong who as...
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If I can negotiate the payment of full asking price in exchange for only 5%-10% down with the balance carried at 6% by the seller, can I assign the option for a fee? I would not really be providing a discounted proper...
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We have 27 properties all under their own LLC's (each LLC has between 2 and 4 members) plus a couple other misc. entities (totaling ~33) and recently our accountant of 40 years retired. We have been searching for some...
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Let me get y'all's opinion.Asking Price: $265kOur Offer (repairs needed): $230kTheir counter: $265kOur Next Offer: $245kThey declinedOur Final offer (matched a previous buyer who backed out): $257.5kSuper stubborn fol...
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Wow that title looks like a Netflix Horror thriller! This post is really about my first buy and hold rental property. It’s one of those stories where you might say “someday I’ll laugh about this!” It may be a littl...