Sheri Lowrance
1st off-market deal! Need help with fair profit split w/ partner
What is a typical split in a partnership deal where one party found the deal, another (me) will fund around 90% of the acquisition and rehab, and a GC is being hired to do the most of the rehab work?My deal finding pa...
Robert Tanaka
Successful experiences with Self Directed IRA for buy and hold
I am in my fifties and have some $$ available in an IRA. In the process of shifting some money into an SDI to diversify and have passive income as part of my retirement strategy. I already have 2 single home rental ...
Joe Smith
cash out restrictions on refinance
Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
Brandon Stewart
Option assignment vs Simultaneous closing
I'm having trouble finding information on the different ways you can close a lease option sandwich deal when the buyer is ready to buy.I talked to an attorney, and he said that i would need to assign the option that i...
Mark Millich
Two Houses for the Price of one in Class D Neighborhood
I’m discussing a potential deal with an individual who’s in the process of fixing up two houses and selling them both for $40,000 in total (for sale by owner). They’re both on the same lot, so it’s one property tax. O...
Edmund Isas
Lenders PLEASE HELP!! Options for holding a flip!
Ok ill start by giving a little background about myself. Over the last 2 years I have acquired 3 multifamily units totaling 7 rental units. On the first unit my business partner and I paid mostly with our own cash. Th...
Allende Hernandez
Question about Hard Money Lenders common rules
Hi guys,Is it a common rule in FL that hard money lenders lend on basis to the purchase price? I have a property I am trying to get under contract at a very discounted price (probably less than 70% ARV) but the HMLs I...
Dain Cook
House Hack Deal Inexperienced - Live In Rental, seeking private $
Hi BP,First post to BP, going out on a limb and I am desperate to complete this, "what I think" is a great deal now, but my scenario for funding is 4 to 6 months out of reach. I don't think this opportunity will be av...
Travis C.
Proceeds from primary residence investment decision point
Hello,I'm not a newbie investor, but wanting to see if anyone has any fresh ideas outside what I've been mulling over.I am selling my old primary residence that I just moved out of recently and it is free and clear. I...
Mark Hu
Lender now responsible for my taxes?
My lender is impounding money for my taxes (+4k/year) and I've heard the county sends the tax bill to them. I found out they paid in March the same amount of tax the previous owner was paying, which is much less than ...