Hello BP Community,   I have had a 7-plex in Ft. Lauderdale under contract for the past 5 weeks. Full due process has taking place and we were set to close this past Tuesday (the 7th.)  I was requesting all leases for...

I have an LLC structure, but I own a rental held in my personal name.  This was done so because of loan type and rate.  Can I set up my account with my property manager in my LLC name so that all income and expenses g...

Hello everyone!I am currently trying to get into my first multi-family deal. The seller is willing to owner finance 75% of the loan but wants the other 25% upfront. Of course, he wants me to cover any closing costs. I...

I've been doing research on commercial loans and I'm trying to figure out if I'm going to hit a snag in the future.

Hypothetical Situation:

1. Pay cash for an underperforming commercial multi family building (5 un...

I have a potential tenant that will require a cosigner. She has a friend who has agreed to this. I realize that I must screen the cosigner fully and include them on the lease. Are there any other caveats that I need t...

Hi,We're looking for suggestions on which cities/areas to invest.  We are a buy and hold investor.  We have several out of state rentals and are looking to buy more.  In calculating ROI, these criteria seem to be the ...

Hello to all,

I have a couple of deals cooking, but need advice on one of them. Ok, I have this single family home in a suburb of Chicago. Aurora, IL the home is dated and I know that it has potential. The seller con...

I think it would be a great idea to list or come up with the best closes to get the deal. Here's a couple from gurus.

This is fron Sean Terry
“Listen Mr. Seller, I only have limited funds to purchase properties. I h...

Just got the inspection report back on a property I’m currently under contract on. I do have the inspection contingency in tact. The report came back that termite shelter tubes observed in basement sill plate areas of...

I couldn't find a section on the forum to discuss this issue, but I desperately need advice. My mother had no will and life insurance, only asset she had was the house. One I grew up in all my life. I'm about to be me...