Arthur E.
How much should I pay my agent for an off market deal?
I'm going to sell my duplex in Michigan to one of the tenants that has been living there for 6 years. I've only owned the property for 6 months. This is going to be an off market deal. The tenant and I have come to ...
Benjamin Blackburn
Are there guidelines to choosing Lenders, Bankers or Mortgage Brokers?
Hello BP,I'm wondering if there are any guidelines to go by when choosing the lender? Are there certain questions I should be asking? Obvious red flags? What am I looking for?I've been looking into FHA loans since ...
John Hyre
Wholesaling in retirement accounts not legit
Carl Fischer had reminded me of an article I wrote two years ago. The gist: Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...
Snehann Kapnadak
Modeling Prepayment Penalties in Excel?
Hi All
Hope you're staying healthy and safe. Was wondering if anyone knew how to model out the prepayment penalties lenders have on MF properties? Yield Maintenance and Stepdown. The spreadsheet I'm using doesn't tak...
Christina Merlo
Where to find Private Lending for Next Investment
I currently have four doors that I have bought with a variety of methods, BRRR, hard money, seller financing, construction loan. I have come up with the down payment for each of these and I am completely tapped. (HELO...
Mark Douglas
Ask PM if they'll manage BEFORE buying out of state???
I know it shouldn't be a deal-breaker, if the mgmt co doesn't want to manage a C/C- property, but do you contact them before you buy, just to see what their thoughts on managing it would be?
Denis Ponder
My First Year in Real Estate Investing
My first year
April 18, 20232BR, 2.5BA Condo
April 19, 20242BR, 2.5BA Condo - Former Primary3BR, 2.5BA Home - Primary1BR, 1BA Guest Studio, attached to Primary2BR, 1BA SFR - MI3BR, 1BA SFR - PA5BR, 2BA MF (2 units...
Frank S.
FNMA Agents Unresponsive. What do you think?
Howdy, Have you experience FNMA agents to be somewhat unresponsive? I typically get a call within an hour from regular MLS listings, but it seems FNMA listing agents drag their feet a bit.Can they do double agencies?...
John Sherron
Looking 4 Mentor/Coach in Houston, TX
Hey BP Fam, I am a new investor in Houston, TX, looking to get started on the right foot. I have experience in rentals but that was from over 10 years ago in a completely different city, state. I did a wholesale deal ...
Rickie Mincy
Protocol to Switch Realtors
To give a little back story, I'm new to real estate and I'm starting off with SFH, low range. My bank referred me to my current realtor, not sure if that's a good or bad thing. He went through 1 showing with me, ask...