LaShanti Penn
Investing in a duplex
I am a newbie and want to get into real estate investing. I have read a couple of Brandon Turner books and the only experience I have with real estate is the purchase of my home 8 years ago, which was a short sale. I ...
David Weintraub
Lenders Should Charge Up-front Fee
I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
Alex Hamilton
Baby Boomers seeking Retirement Communities have a problem
Anyone using BP ever noticed the SPCA solicitations on T.V. requesting contributions to help provide Food and Shelter for Animals? Don't get me wrong, I like Dogs and Cats and think to many of them are abused and neg...
Thomas K
IS SIMULTANEOUS CLOSINGS STILL LEGAL?? especially in NJ??
Hi,
I've heard a lot about simultaneous closings to be illegal nowadays, is it true?? How about in NJ? Simultaneous closing, I mean, using C's money to fund AB transactions. Transactions are done ALL CASH. Would th...
Meredith L.
Seller Won't Service Notice to Vacate (FHA Loan)
Hello BP Community -I'm currently in escrow on a 4plex with an FHA loan for 3.5% down. The 4plex is currently fully occupied and the stipulations of my loan state that the Borrower (myself) must be able to occupy with...
Reda Eldehiry
What's the simplest way to structure private equity deals legally
I have multiple friends/people in my network interested to be private equity investors/partners in my flipping deals in WA. The agreement is that I will be receiving 20% of profit for managing a deal from purchase to ...
Russell Santos
$1 million opportunity?
My goal other than Wholesale is to house hack via multifamily. I've been networking for some time now and a co-worker of mine noticed my "we buy houses" car magnet and told me about a property he and his girlfriend in...
Paul Burke
Memphis Versus North Mississippi?
Hey there Memphis area BP Friends!Can anyone tell me what they're seeing on the ground with the North Mississippi SFH rental market (Olive Branch, Horn Lake, Southhaven, etc.)? What are the pro's/con's of N. Miss ve...
Robert Sullivan
Can you still get a good COC return with STR prices so high
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...
Glenn McCrorey
City bans conversions to rental properties
I haven't hear of this before but the city of Cedar Falls Iowa is implementing a six month ban on home owners turning their house into a rental property. The ban can be extended for up to a year. Interesting, seems ...