Lupe Santiago
Individual doing hard money lending in California
Hi, I'm in the process of obtaining my CA Broker's License to start my hard money lending business, but I have not yet gotten it. I have a contact in CA and he is a flipper (with his own LLC) that needs money to finan...
Michael D.
Renters Insurance by Landlord
I recall renting an apartment where the landlord required that I get renter's insurance through a specific company that they had an arrangement with. It was my policy, but they were specifically named as additional...
Bunmi Alonge
REIT RE transaction
WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
Brodrick Key
Finding Deals
Hello BP! I'm just starting out with investing in buy and hold rentals. I have spoken with a local credit union about financing. They are willing to to do portfolio lending on investment properties under 50k with 20% ...
Jack Luzecky
Agentless Showings - Recommendation
In today's world of technology, more and more companies are getting away from physical leasing agents showing rentals. There are definitely pros and cons to going agnetless, but I am curious if anyone has crossed over...
Noah Lomax
A Successful Venture from an Accidental Investor
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $610,000
Cash invested: $60,000
Sale price: $860,000
I originally purchased this house to by home. However, wor...
Noah Lomax
A Successful Venture from an Accidental Investor
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $610,000
Cash invested: $60,000
Sale price: $860,000
I originally purchased this house to by home. However, wor...
Andrew R.
1031, 2nd Lien, and Seller Carrying the 1st Mortgage
Looking for some feedback on a 1031 exchange I'm currently doing. I just sold my condo and the capital gains are sitting with a qualified intermediary. The property I would like to buy is under contract and has a mo...
Georgia H.
Seller Side HUD
I have been purchasing properties from an online auction and finding an end-buyer. However, I have been doing double closings which is costing me a considerable amount of money.Can anyone tell me if seller side HUD's ...
Victor Pierson
Meeting with Wholesaler
Hi BPers!
I'm meeting with an agent for a large wholesaling company. Are there any particular questions I should ask of him, or things I can bring up to ingratiate myself to him? Anything I should look out for? Red ...