Taylor Jennings
Sell a Property Turnkey or Sell a Note and Hold Property?
I just deleted about 30 lines of rambling in this post... I cut the fat.SCENARIO 1Would you sell a Property at 10.5% CAP for $48k (19% Equity) to make $16k and be clean of the house?orSCENARIO 2Would you sell a Note a...
Michael Ndjondo makadi
5 First time investors seeking advises on multifamily properties
Thanks in advance for your time.Myself and other 4 friends have been talking about forming a limited partnership to jumpstart our RE investement journey together.We have a good chunk of cash to start building our port...
Ryan Kucey
I have $75K and I want to buy multiple properties – thoughts?
I'm based in Nova Scotia, Canada, and I'm 26 with about $75K in savings and I'm wondering how to make this money go the furthest. I'm house hacking for my first property, which I expect to be around $250-350K, and the...
Daniel Dietz
Is there a 'Appropriate Minimum Interest' to offer to PM Lenders?
Hi,
A short background; I have purchased my first duplex within my SDIRA for all cash and have it rented. Could not get non-recourse lending due to an 'ineligible property class' that most of the other duplex...
Tyler Fernandez
Questions from an aspiring apartment building owner and lessor:
Hello! I am a young aspiring entrepreneur from Los Angeles, California. I was recently told by a large company's ex CEO that multi-family real estate investing was a really lucrative type of money making, especially i...
Siedda Herbert
BRRR Method - Refinance
Hello BP Members, I have a question about the refi part of the "BRRR Method." I am having trouble understanding if I should do a residential or commercial refi. I am buying the property under an LLC. I spoke with a br...
Jonathan Soto
Over $1,000,000 in equity and no idea how to use it!!!
As the post states. I'm looking at ways to put my equity to work and invest in real estate. If you had the same equity, what would be your plan of action? Would a fix and flip be the best way to go or is it better to ...
Charley Gates
The size of the seller-financed note market
I just finished Jimmy Napier's book, "Invest in Debt." In Chapter 2, he states that, in 1982, the size of the seller-financed note market was $75B. I believe that the current size of the seller-financed note market i...
Chris Clothier
FNMA Deed Restrictions and Loans
I would love to get some insight from anyone on the site who has dealt with this situation.
I think many of us are aware of 90-day deed restrictions. Has anyone had any trouble borrowing funds to purchase an FNMA ...
Brandon Sturgill
Covering Rehab Costs
I currently have a FHA loan on a primary residence and am looking at a second property for rehab/resale. I have a lender (a local bank) willing to work with me on some pretty favorable terms, but from my initial resea...