Jon G.
Rent or Sell Lower East Side NYC Apartment
Hello,I am a doctor with about 300,000 in medical school debt. Earnings next year will 250, then 330K.About 100,000 of my debt is 5-6.8%, the other 200,000 is 2.8%-3.8%.We are moving back to the NYC area and were wond...
Thomas Dorwin
Foreclosure, short sale and auction vs. leveraged cash deals
I purchased my first three single family properties this year. All in the Midwest (MI). First was an REO, second was a short sale, third was an auction property. The first was a 3 br/1 ba foreclosure for $50,000 an...
Seth Domoto
What do you think of this deal? Thoughts welcome!
I have come across what I believe is a fairly good deal (should I obtain the property for the right price of course). I plan to purchase the property with my brother so he will run property management. Here are the ...
Kyle Blake
FHA Multi-Family Loan Clarification
I wanted to get clarification on some of the loan details for FHA. Asking here since I was given wrong information by a loan officer when I was first looking last summer. Once he told me I absolutely could not use FHA...
Zach Smith
Newbie looking for reccomendations for turnkey SFH Prop in SE
Hi everyone,I currently live in the Atlanta, GA area and am looking for recommendations for companies either in Atlanta or surrounding locations such as Birmingham, AL, Nashville or Chattanooga or Knoxville or Memphis...
Shaun Palmer
How many offers do you make to get one deal?
Fellow BPer's,
I am curious how many offers are typically made on one property before you actually receive a signed deal. This number varies with the more and more people that I speak with and I am curious what most...
Jared Stasch
Loan Help PLEEAASSEEE
I have an investor who owns apartments, 4plexes, and has other investment accounts in a Trust and is trying to get a loan on some fourplexes through Fannie Mae. He wants Fannie Mae since the cash flow is not there now...
JR Rivas
Friend Adding me to the title after closing
Hey guys!So my buddy and I are buying a property together.He’s putting up all the capital and I’m doing the work to get it cash flowing.My question is, I want to be on the title but I know putting myself on after clos...
David Kay
Buying homes with partner, avoiding PMI, structuring deal
I have the following idea, that I'd like feedback on.
I am looking to do the following:
1.) Form an LLC with a partner
2.) Have the partner put down 20% of the purchase price
3.) I pay all c...
Jennifer Bayhi Gennaro
1031 and a bank account
Stay with me here.... My husband and I own a piece of real estate that we are selling. We are exchanging into a trailer park, where we will have a 50/50 partner. In order to do the exchange, we cannot form a new LLC w...