Mike Carr
refinancing a syndicated deal to hold long-term
Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...
Chance Cooper
TSP or Rental Properties?
I am in the Military and I have a ROTH IRA that I have through USAA. My superiors that have been in for over 20 years tell me I really need to do the TSP also...Any of you ever done the TSP?Would you invest in the TSP...
Jackie Badiali
Hard Money Lender referrals
There are several hard money lenders on the site. Have you used any and if so, how was your experience? Are they legit? It would be my first time using a hard money lender so I'm not sure who to trust. Thanks!
John Mitchell
First Multi-Family Property Contract Question
Hi All,My partner and I are closing on a 4Plex property that is a being built now. The total cost of the property is $415,000. - We have already paid $5,000 in earnest money and now the seller wants us to deliver 10% ...
Tyson Hosey
Structuring Proposal to PML
I'm looking to propose a deal to a Private Money Lender. I haven't introduced myself to them yet, and I'm wanting to make the best impression so that I have the rapport built to get his help completing the purchase of...
Nicholas Pasowicz
How do you rank the 5 currencies?
Believe it or not, how you live your life according to the importance of the 5 currencies will dictate your success...no matter how you define success. Humor me and share how you rank these currencies in order of imp...
Corey Dutton
How to Protect Your Earnest Money on Investment Property Purchases
Especially if you’re buying an investment property with a high ticket price, a buyer’s earnest money deposit, or EMD, can be quite a large sum. For example, on a $1 MM property purchase, a 1% deposit of earnest mon...
Shawn Allen
New to investing, need help starting out. Wholesaling best bet?
Hello BP members, my name is Shawn Allen. I have recently became interested in real estate about a half a year ago. I haven't invested yet, mainly because I don't have the capital and I don't have the knowledge. Would...
Edward Heavrin
Paying cash and then getting a mortgage VS getting a mortgage
Hi all,I've seen a few successful investors in my area who buy properties cash, fix them up, then rent them out, THEN get a mortgage from the bank, get 75% of their money out and move on to the next. Trying to figure ...
Deanna McCormick
Terms of Sales Contract,, loss of rental income if closing fails
Has anyone done a loss of rental income clause on a property if the buyer fails to close and backs out.Example.. Rental property 4 units all are on month to month and buyer may request that property is vacant as of da...