Hello BP community. My first post here and very excited. Any informational help will be appreciated. Long story short. My first house with FHA bought in 2016 which is a 3 unit multifamily. And the 2nd house with %5 do...
I have an interesting deal on the table to join a pretty significant multifamily syndication as a co-GP for 1,000+ units at a price tag of $130m+. Financing is in place as is an institutional equity partner. My positi...
A friend purchased a condo in Miami that was offered at auction for $20,000, the amount owed to the condo association in past due fees. He tells me that the lender still has a lien on the unit. He assumed that the ban...
I've got a bit of cash I was going to put toward personally flipping homes in the next 12 months. But someone recently approached me asking if I'd be interested in helping to fund their flip project. I do trust this p...
Hello. My name is Michael Brown. I just signed up to BiggerPockets last night. I have no experience in real estate but was always interested in buying multifamily property for quite some time. My hold back was a combi...
Lead Sharing - Insider Trading?I've noticed that when I receive a lead for a wholesale deal sometimes it doesn’t end with a sale. Why? Well, for a million reasons...the homeowner is not motivated to sell at a discount...
Hello everyone,I am considering using a family member as a private lender. He would fully finance the property, including rehab costs. Most importantly, I am trying to structure the deal in a way that best protects ...
Hello all,I've been hearing about Biggerpockets for a while, this seems like a really cool place! I'm approaching what could be the largest real estate opportunity of my life, feeling overwhelmed. Here's a summary of ...
BP: Does anyone have any advice on how to structure an LLC with someone providing private money that would only like return on their money? I.e., I'm doing BRRRRs and would like to pick up another property utilizing ...
Issue after issue after issue after issue.....My 4 plex seller hasn't raised his rent on tenants in 10 years, ughhh! Sooo the rent roll is not near market value and the only thing making me not qualify for the the loa...