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Results (10000)
Dan Funk Private Mortgage Lender Do's and Don'ts
3 July 2015 | 6 replies

I'm a newbie to BP...love the depth of knowledge I'm seeing on here.If you keep your quest for private mortgage lenders with people you know...are there any disclaimers or disclosures that "need" to be made to these p...

AP Horvath Valuation on CRE as cash business without tax returns?
9 January 2023 | 12 replies

When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...

Brian Dalton First Flip, JV/Profit Share with our GC
3 July 2016 | 9 replies

We are very excited to embark on our first flip!  Our question is about structuring our operating agreement with our GC related to the topic of profit sharing.  We have a personal relationship with a very experienced ...

Vilson Nikollaj CA Flip Foreclosing by 1st, we're 2nd. Pay 1st & still foreclose?
23 September 2016 | 19 replies

Would like some feedback from lenders for a tough situation here in California.Background: 1) Flipper borrowed $ from HML (1st position)2) We provided gap funding (2nd position), terms are to be paid upon sale3) Flipp...

Nicole A. What if your handyman / contractor damages tenants' belongings?
4 June 2015 | 12 replies

What would you do?There is a handyman working on the exterior of the rental and he's doing some repointing brick work. The renters have a new (according to them) window unit AC and the contractors have let mortar drop...

Dominic Franco Asset protection from tenants while house hacking
22 October 2019 | 7 replies

I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...

Account Closed BRRRR - Financing Up Front
23 November 2019 | 11 replies

When using the BRRRR Strategy, is it too risky to use a traditional loan with a 20% down payment instead of buying the property up front?

George P. This is it
27 January 2011 | 16 replies

Received a long email in response to my CL ad. Girl says that hers and her BF's credit is "not at its best" and her rental history is ruined because of her roommate. She however is very responsible and can pay asking ...

Paul Strauss Deal Analysis- What to Look Out For When You're New
28 March 2010 | 6 replies

This is an example of a deal I saw right here on BP, and the person that posted it should be embarrassed. Don't worry- I'm not going to name names or provide details-- but here are the numbers:

$32K asking price
$10...

Jeb Brilliant Is 2% monthly or 24% annual return to good for hard money lending?
18 August 2015 | 21 replies

So I was introduced to a guy offering 2% monthly return or 24% annually for a hard money loan. Is this to good to be true?This guy comes with good recommendations and isn't a slick talker. My BS radar didn't go off wh...