Greetings BP Family,Thinking out loud here and would like your feedback.My buddy brought his 1st home in Dec '07. We all know what happened to the market after that. He purchased for 165k and has paid on time since th...

If I am just starting out and have a private investor who is willing to loan me the cash needed for a flip, how do I get that money from his hands to closing?  Is it customary to ask the partner to write me a check pe...

Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...

Have a hard time seeing the bad in them.

Just had one adjust down for the 3rd year in a row. It's pretty nice to not get locked into above market rates for your mortgage. :)

Interestingly if things do...

Hi-I want to get some thoughts on the pro/cons of a HELOC. I have a general understanding of how it works, but would it be a good idea to use a portion of it towards a down-payment or pay the house the house + rehab i...

hello I'm interested in multi family buildings I am at the very beginning stages but I have some concerns when it comes to getting the loans from banks.
if I were to save up the down payment on a 1,000,000$ building ...

I've read tons and tons of posts regarding LLC's and I understand that everyone has their own opinions and everyone's situation is different. As it pertains to me, just starting out, I was looking at starting an LLC f...

Hi Folks,I recently looked at an interesting property in one of my main target areas. It is a mixed use building with 5 residential units upstairs, 1 downstairs, plus a couple thousand square feet of commercial space/...

Does anyone use what i have always been told private lenders. My father had always told me to get private lenders to fund most my deals. I never had tried it myself does anyone else use this to fund their deals.
Few...

Hey BP, I have been constantly scouring the podcasts taking notes and educating myself as much as possible. One of the podcasts with Scott Smith #109 he recommends having your properties in an LLC or a trust for anony...