Pete Sailhamer
Seller Carryback Workaround?
Hey everybody. I am looking into purchasing another multifamily and wanted to ask the seller to carryback 10% of the loan to help with the down payment. But when I checked with my lender, they only will lend with a ...
Steven Forman
New Member from San Diego
Hello BP,My name is Steve and I am an aspiring real estate investor from San Diego. I am in the education phase of real estate and have been browsing the forums for the past few months and listening to all the great ...
Jesse Cabot
New Member from Columbus, Ohio
Hey everybody!My names Jesse and I'm originally from Ohio. I grew up in a small town and just recently finished my enlistment in the Air Force. I'm now going to school full time for entrepreneurship and extremely in...
Daria B.
HELOC approved...but....now full Appraisal
Hi,My HELOC was approved (yeah!) and after the "drive-by" appraisal I raised some questions to the lender when I read how the appraiser came to the value conclusion.There are several comps that were used and the most ...
Caleb West
Tenant Issues with City Letters - Lubbock, Texas
I am a long distance investor with a few doors in Lubbock, TX. Has anybody ran into trouble with the “No more than 2 unrelated persons living together” code that Lubbock has? If so, what was the outcome? I know this c...
Tom Roarabaugh
Raising money privately from a friend
Hello everyone, I have the option to borrow $35,000 from a friend as a loan. Lawyers would write everything up so it’s legal. He’s only charging me 2% on the entire loan for a 7 year period. I plan on taking that mone...
Patrick Lloyd
Marketing questions-when to start a website like investor carrot?
Hi all,I'm wondering how I can leverage websites like investor carrot to start my REI business? When is the timing right and how can I benefit immediately from using a site to get leads? What are the best uses right o...
Cindy Lamug
Recommendations for a refi lender
My husband and I have a property under our LLC and we'd like to do a cash-out refi, but cannot find a lender that will do this and keep it under our LLCs name. Lenders that we've spoken with have all suggested that we...
Trey DeJohn
Renting out rooms - Owner Occupied - What’s Allowed?
Hi BP,Admittedly, I’m new to this. I purchased my first property and moved in at the beginning of May. It’s a single family 4 bed home with the intent to rent out the additional rooms. My girlfriend and I will be occu...
Taylor Burns
Digital Filing and Organization For Properties/ Rent by the room
Hey BP! I am looking for some advice on how to organize things digitally. I have been doing a house hack with a 5 bedroom house. This house has been quite the adventure with fixing things and unexpected expenses. Betw...