Brian Hinkle
Merger of Entities
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Eagle Yeh
Is Memphis, TN 38127 Neighborhood Safe to Invest?
Dear BP community,I am looking into new constructions in Memphis, TN 38127. It's not an area I am very familiar with. I would like to seek feedback if anyone invests here or knows about the area.Thank you!
Frankie Torres
What Is A Good Cash Flow Amount in Memphis, TN
***SOS*** Hey everyone, I submitted an offer on a buy and hold, and just found out the rents are lower than what I ran the numbers with. Is $90 / month still a decent cash flow? Rents for $890 - $950
This is my first...
David Avetisyan
Los Angeles New Development Requirements
Looking to begin a new development on an 8 unit complex in the city of Los Angeles. I am seeking out experienced builders to educate me on what is needed to get plans approved and start construction.
The following i...
Hannah Joy
Hard Money Loans - going rates and terms
Hi there, I recently acquired a hard money loan at 6% for a project, 3 months for construction, 3 months of interest only. I thought that was negotiated well but I'd love to hear from others - What are the going rates...
Sonia Shrestha
Buying as a Foreign National
How lucrative is the US real estate market currently for foreign nationals who want to invest?
Ethan Epps
New REI and Flipper in the South Carolina Market
Hello BP community,I am a new flipper and REI in the Sumter and Florence area of South Carolina. I grew up around real estate and construction all my life. I recently graduated from USC Columbia in December 15 with a ...
Adam Curry
Pooling money from multiple sources
Ok, who can help me out here. I'm looking at a potential rehab, and likely need $170-$200k for purchase+rehab+holding costs. Are there any legal issues with pooling money from multiple sources like family and friends?...
Jerry Joyner
New member moving to Maryland and ready learn!
My name is Scott Joyner. I will be moving to back to Maryland this year and I will be expanding my potential by starting a new business with my best friend in the flipping and buy and hold arenas. I have a fairly dive...
Christina L.
HUD multifamily loans - other than slow processing, worthwhile?
I’m doing some research on multifamily lenders and I learned that HUD offers loans at rates in the 3.5% - 4.4% range for 30 years with a 40 year amortization schedule. Other than the fact that it can take months for t...