Im currently putting together my first syndication. The seller will finance $150,000 of $370,000 purchase price. I'm raising $250,000. Im offering 70/30 deal. including a 8%preferred. It seems small to pay for and off...
Jesse Gerads who is a PRO Member here on BiggerPockets is offering to loan Private Money at terms that appear too good to be true. Has anyone here in BP EVER borrowed from him? I'm now communicating with him via e...
Hi. I am new to BP (former FatWallet member though!). I have been investing in RE for ~10 years and hold 5 properties. They have not been time-intensive, but I'm always interested in smart financial options. The G...
We were called by Novak Capital Management offering us to invest a minimum of $125,000 in a development named the Summit Lofts in Georgetown TX (209 mi south of Austin. They project a profit of 200% in 3-4 years. Is...
With property prices rising in the recent years, it seems like most turnkey companies cannot provide worthwhile returns. Most of the available properties I have seen recently quote an 8% cash on cash return, but after...
I successfully won the auction for a property that went to Sheriffs Sale in Racine County. The outstanding balance was $116,900, however the open bid was $124,167. This caught me a little by surprise. I had watched...
What do you do when you have a good potential deal from a property manager other than the one you currently work with and you pursue the deal and purchase? Should you keep management with company who got you lead or ...
I have heard many people talk about how finding small multi family in their area is hard, and I don’t know if I’m not looking in the right place but it’s been hard to find for me too. With house hacking as the first d...
I do short sales as an agent, but have never done the "Double Close" with transaction funding to make a spread.
Has anybody here done this, are they doing it now, and is it working?
Thanks for any help and/or advice...
I am having a big problem. Since Dec I have been trying to refinance my personal home. I have now tried 3 mortgage companies and have gone through the whole process only to find out at closing that I cannot sign the p...