Justin Fox
Question about Seller Financing Terms and Rates
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
Alan Keate
Hard Money Loan Possible
I am considering buying a lot to build a home in a new development. I don't know if I will eventually be the long-term owner but I want to build it that way. I have a current home and the thought of getting a more t...
Cody Williams
Vet Trying to get into local market
Hello I am Cody,I am trying to start my journey and i want to get into my local market. I have some concerns though. Do to the influx of Californians to my town the deals in my town seem out of reach. The median Incom...
Xingcai Wu
Need opinion on Court-Base Rental Assistance Progran
Hi BP,I have a tenant under eviction. About month ago, we signed an Agreed Dismissal Order through Will Count court states that she will move out on 14th of April and will pay the owed rent by CBRAP through Joliet IL ...
Leslie Beia
Buying A House With Tenants In Place
Hi y'all! Hoping the creative minds of BP'ers can help me with some info and strategy.I just found a property for sale on the MLS- the EXACT house I've been looking for for months to house hack. At a low enough price ...
Ricky Martinez
Got hammered with 3 lawsuits and no protection.
Hi, I have a business that I been conducting for the past 10 years. It is a construction company and most of my savings of 10 straight years are in the same bank account I use to pay employees, contractors, suppliers,...
Julio Gonzalez
Elements of a Quality Cost Segregation Report
You’ve decided to get a cost segregation study on your real estate property, but you aren’t sure how to determine which company to choose. It is crucial that you select a company that provides a “quality” cost segrega...
Brian Warren
House Hacking down payment
Well I have been reading up on house hacking, I purchased 2 Triplexes this year and when talking with the bank they told me that even if I lived in them I would still have to put 20% down. From my understanding if it ...
Jigar Patel
Insurance claims for theft/brake-ins at Investment rentals
Hello Friends, I wanted your inputs for the unique situation i have been facing for one of my rental managed by Property management. One of the tenant (single man, Living alone in the unit) of my Investment duplex i...
Scott P.
Multifamily maintenance/capex budgeting
I'm looking at a multifamily building: about 100 years old, 6 units plus 2 long-term businesses, 4 of the units recently renovated, ~$700K to buy, $92K potential income. The proforma shows $1,200/yr maintenance (along...