I have several private lenders ready to provide capital for my flipping business. My question is regarding submitting an offer to purchase a listed on the MLS. Most sellers want either a proof of funds (cash in my acc...
Hello,I've read that Brandon likes to submit a cover letter with a picture of his family with his offers for properties. I personally really like this idea and am thinking of trying this out myself. However, I look re...
This is what people ask me all the time: Is there any such thing as an asset based lender anymore? These days, most hard money lenders are asking for a credit report and other documentation from borrowers to give them...
From day 1 the tenant has expressed an interest in buying my one and only rental.I'd like to sell said rental to tenant, eventually.However: House isn't worth more than 40K in it's current state, so renter couldn't ge...
After deciding to get into real estate (after reading Rich Dad Poor Dad, just needed to read the first chapter and I knew what I needed to do) I set up a meeting with a real estate agent/lender to go over investing op...
Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...
Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
Anecdotely speaking, it appears the turnkey operators are taking advantage of the uneducated investor. I have no stats just my impression.
Do you think a turnkey company that could JV in the deal would be...
Hello Everyone,I currently own a fourplex and am living in one of the units. The average market rent for a unit is $600. My units are being rented out for $525, $525, and $510 respectively. The tenants have been resid...
Good Afternoon,I am a teacher interested in entering real estate. I have a two year goal that I have set for myself to save a least $40,000. However, a colleague of mine recently advised me that she was told that mone...