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Has anyone ever gotten a loan for a hotel? I'm interested in obtaining a hotel for $2.2 mil and the seller is offering finance for $500k down. I currently have $200k down and was wondering how I could go about obtaini...
Hi All,I'm currently working in the finance department of a fortune 500 company and am just starting out in real estate investing on the side. I've been told that one of the best ways to start out and learn about REI ...
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Hello all,I have my first post out of the way and I'm definitely learning and trying to narrow down a strategy to go after my first investment. In the meantime, I am hoping to find new work and leave my current job so...
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I need help on the lending side for this potential deal...I am negotiating a purchase agreement with a seller carryback of 20-30% as a second-lien position. Approximate purchase price of $650-$850k with a constructio...
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Hey folks,
So I’ll try to keep it brief and short. I have about $187k in equity on one of my rental properties. I’m looking at investing outside of California; mainly Kansas. Reason being is because my brother-in-law...
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Hello, first time poster. Currently working on first flip with a couple of partners. Along with investing for flips, I am looking to build portfolio with SF units. Looking for 1 purchase each year for 15 years, the...
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Hi BP community - I need to draw on your knowledge and experience again.
I am confused about the relevance of a lease guarantee in the lease agreement. If tenant goes out of business, he still owes rent for the r...
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Is lease option a viable option in this economy... after everything i tried.. lots of yellow letter marketing to me it seems like a waste of time and energy in this economy.
Most of the owners bought houses when the ...
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I live in East Cobb Marietta, in the Atlanta area. I want to find a way to invest that produces positive cash flow and protects against inflation. The best option so far seems to be to buy good rental properties, but ...
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Hello BP. I need some help figuring out my options in taking down this deal. There is triplex that I want to buy at roughly 110-120k. I have a commitment from a private money investor for 65k on a balloon loan for a ...