Rachael A. Tanner
Nuts and bolts of private money lending help!
I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
Cory Mccarthy
Newb here from Fenton Michigan
hi,My name is Cory McCarthy and I live in Fenton, MI. I am just starting my journey and looking for some contacts in the Fenton, MI area that I can help out and learn from in the process. I own one investment proper...
Dana Richardson
Would you lie on payment history for your tenant?
Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score. We rented to them as they had cash from selling their home and paid us first, last, and...
Sean Ganey
Good Site For Purchasing Notes
Hi All,
I am new to this site and was hoping someone had a good site for purchasing non-performing notes. Any insight is greatly appreciated! Thanks in advance.
Janet Thaxton
Tenant roommate refuses to move out
Just when I thought I had my first deal under way!!! Here it goes..
My client wants to sell his house and relocated his tenants to another location. The problem is his tenants had a roommate who was not on the lease a...
Ted Clayton
Newbee spoke to first mobile home manager!
I just came back from a mobile home park and the manager said he doesn't allow investors to have homes on his park because "he loses control". I asked him what he meant and he said having investors can cause the park ...
Joseph Ziolkowski
Wholesaler question for rehabbers
Hi all! This is a 2-part question. First, how many of you use wholesalers in your business? Secondly, how many of them help you find money to fund their deals to help you conserve your cash? Just a quick survey. It's ...
Michael Lee
Door Knocking Pre-Foreclosure List?
Hey BP members,Have anyone in here ever went door to door knocking a pre-foreclosure list? Any results? What is your experience? Would you recommend doing it? I don't mind getting rejections so I would like to give th...
Jessica Wood
What is the real benefit of cash?
Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
Stephen N.
Can someone please explain sub3 financing to me?
i don't understand how it differs from buying sub 2 and then selling using owner financing? thanks in advance for your help.