Cameron P.
First Serious Buyer Only Does Land Contracts?
So this is my situation, through my beginning marketing I ran into a gentleman that does a lot of property management and works with 3 millionaires investor friends that he brings in for bigger deals when he can’t do ...
Aleksandra Serebrenik
Vermiculite (asbestos?) insulation found during inspection...
We just did an inspection on a quadruplex we were hoping to buy for our first deal. This is on the south shore of Montreal, and the property was built in 1945. The current owner wrote that there was no vermiculite in ...
Matthew Metros
Do I need to find a lender in the local market?
I am looking at multifamily investment opportunities in the San Antonio, Fort-Worth, and Austin areas. I am currently looking for a lender and I am wondering if it is advantageous to have a lender in each market.I ask...
DeMarcus Washington
How to get around debt-to-income?!
Hello! I have the 20% and 640 credit score for a conventional loan however I don't have the necessary income to get approved. With my current debt and a $500 mortgage I'd need to earn $28k annually and I make less tha...
Ethan Lee
Help analyzing 4-plex, repairs, first deal
Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...
Chad Kastel
New Partnership for buying property. And sweat equity
I've formed a partnership for purchasing a property. My partner and I are trying to assign value and equity to each partner. It's our first time working a deal with a partner and both want to be fair without being ta...
Larry Asiak
Three day notice in Columbus Ohio
Property is in Columbus Ohio. I’m out of state. Tenant hasn’t paid rent for December. Tenant hasn’t been at the rental in December. Tenant not responding to communications. Tenant is on social media getting ...
Eric Cady
Using an LLC. to make deals with other peoples money?
I have an idea in my head and I am wondering what legal hoops I need to jump through to make it work/how to get started.How easy would it be to register for an LLC, seek out 50k-100k cash investors, have them transfer...
Lisa Caro
Labor-only renovation / norms on payment & paperwork
Hi! My contractor is requesting a third of total renovation cost as down payment - but I've hired him for labor only (I'm providing the supplies etc). I would feel more comfortable paying a normal labor rate as we pro...
Mike M.
Can I successfully do realtor part time after 5pm and on weekends
So I have a commercial real estate lending job I currently work at an institution. To supplement my income do you think it would be possible to work as a realtor after 5pm and on the weekends?