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How does a commitment letter written by a hard money lender work? if a hard money lender writes a commitment letter for $180,000 will this be the total amount loaned? will it be cash given to the buyer or directly han...
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Thanks for reading and hopefully you can provide some answers. Ok...here we go,
1) Does a GP that is involved in a syndication have to be an accredited investor?
2) Can you utilize DSCR for apartments as a means of ...
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i bought a house in 2011 that was at $200 and now it is at $500, i think the market is still going up. My strategy is to wait 4 years than sell it when the market is high and than wait for the market to tank and buy 3...
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As of right now, I'm hearing and seeing a lot around do your due diligence, but do you all have any bad experiences to speak of? I'm not talking about "oh I was expecting monthly dividends and it turned out to be quar...
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Hello BP!Our parents recently sold their condo in SC but did not do a 1031 exchange, as they didn't understand it as they are older. And didn't reach out. but, they now want to put the money into another property. So ...
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Hi BP!My husband and his siblings inherited an SFH from their mother upon her passing in 2015. They've been using a local PM ( mom & pop type) for almost two years. The PM places tenants that are consistently late...
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Hello BP community! My name is CJ and I’m relatively new here. I would like to get into real estate investing to achieve financial independence. I am in the process of raising capital for my first deal. I have been li...
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Posted something similar awhile back but here we are again. Have condo which is inside a building with 10 other units, power went out for their unit only so we sent out electrician, he found that the meter socket was ...
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I've been aggressively trying to figure out how to purchase my first deal. I've been able to get in with agents and have been getting deals sent to me daily but I have zero clue when it comes to estimating rehab cost ...
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Brand new to RE investing and motivated to get started. Does anyone know if there is a penalty for converting a Roth IRA to a SDIRA to purchase an investment property? Research tells me that there is not a penalty as ...