Hi all. I tried to search what I was looking for through the forums, so my apologies in advance if this has been brought up too many times recently. I’m searching for tips, tricks, and pointers to using a private lend...
I came across an opportunity to buy a single family that has renters in it that stopped paying rent. The seller, a friend, has already been working with an eviction attorney. The attorney believes the renters will be ...
Hello BP community!
I am fairly new to the real estate game, and I have one rental property that I have had for over a year that is cash positive and I am fortunate to work a job that provides a decent income. I am ...
I understand how seller financing works, but unsure what the next step after you and the seller verbally agree to doing seller financing. What is the next step/steps until closing on the property?
Wondering if anyone has executed a loan or extension backed by a pre-signed deed in lieu? We have a borrower that has requested an extension on his mortgage before his balloon is due. He's current but unable to make t...
Hello! I have purchased one of Rent to Retirement’s new builds in Cape Coral Florida. It is estimated to take about a year at 9.75%. Is it better to take out the construction loan or pay cash?
We are ready to borrow from private lenders who have agreed to work with us. We need a contract to borrow the money and to lay out the terms of the loans. Is there a template on BP? I looked but did not find one. Or w...
I am planning to begin my journey into real estate in the coming months and I am at the analysis practice stage. I did the numbers on a property in Colorado Springs, with which I am very familiar, and I can't tell if ...
Hello Everyone, I recently moved to Sacramento from Oakland, California for a job. I have adjusted quite well to living here in Sacramento. Clear differences from Sacramento and the Bay Area can be seen most starkly...
Whats the best way for a newbie with no experience in REI to approach a private lender to partner up on deals? What makes a private lender want to even work you if your a newbie? wouldn't they want someone with at lea...