Curtis Harvey
EMD Best Practices Process
I have a question. I have a 10 unit property that I have offered the following50% owner financing50% private money financingThe property should appraise at $100k over the purchase priceIt is in a average area of a gr...
Jen K.
Newbie question: what would you do to solve this?
I'm new here as of today, so please bear with me...;) Still learning the lingo and trying to grasp some of the strategies I've been reading about.
I'd like to have some help getting pointed in the right direction so ...
Chris Delacruz
Due Diligence, and Hard Money lenders
Hello all,
I have 3 questions that I am a bit confused about.
1- They always say do your research and due diligence on property, but how can i find out if the property has any back taxes or liens that w...
Jaren Woeppel
Hard Money Term Sheets
Good morning BP community,We are looking at making our first hard money loan for a flip project. We don’t really know where to begin as far as term sheets and what documentation we need to request from the borrower. A...
Jason Genovese
Can the Previous Owner buy back the house?
I purchased a foreclosed house from the court house steps and now the previous owner want to repurchase it from me. He originally owed the bank $80,000 and I have agreed to sale the house back to him from $35,000. ...
Aaron Lands
Accuracy of Land Surveys
Hello BP Community: I had a question in regard to the accuracy of surveys. I own 2 side by side parcels of 50 feet each (100 feet total) in an older section of town and I have neighbors to the east and west of me (we...
John K.
30 year fixed, LLC's, taxes...
So I have a LLC that contains 3 properties, 5-year ARM mortgages on them. I'd love to lock in low 4% 30 year fixed rate mortgages, talked with my banker and I would have to quick claim deed them to myself and partner...
Marsay Winder
My first private money loan through an SDIRA
I currently have five properties in my portfolio and I’m looking scale. I landed my first private money lender - a friend that I grew up with. He is setting up an SDIRA to invest 25k with me at 10% APR. he wants to...
Neal O.
50/50 Partnership Structure and LLCs
A friend and I plan to partner on buying rental properties. We'll contribute equal amounts of capital up front, share roughly in the workload, and share profits. We will write a proper agreement spelling out all expec...
Maria Bocanegra
Buying parking space(s)
Can any investors lend insight into costs associated with purchasing parking spaces? I’m interested in buying one or more and expect the following costs:
Cost of space itself
Taxes
HOA fees, if any
Anything else? ...