Michael Davis
Analyze my deal: 8-plex
This will be my first rental property purchase. Looking to increase rents, and renovate/fill 1 space that's been vacant for 1 year. Factoring 5% for each of cap ex/maintenance/vacancy. We have an in house team in pla...
Nick O'Donnell
How to buy through owner financing
I understand the process of buying owner financing, but not sure how to offer, negotiate and close a deal. My goal is to acquire real estate with little or no money, then use the property to yield positive cash flow t...
Howard C
Hold Paper but the Buyer defaulted on the Loan - What should I do
I am currently holding a 2nd mortgage on a property that I sold to a homebuyer. He is now in default for over a year (I am still making payments on time on the 1st). I don't wish to start a foreclosure process or a d...
Matt Finch
Hard Money or Private Lending within a Solo 401K
New to BP and RE in general. I have a solo 401K that I intend to convert to a self direct solo 401K in order to get into investment opportunities in RE. I have focused in on HML and started reading some of the detaile...
Josh Coleman
Private Money Payout Options
Hi all, I am going to be starting my real estate investing journey this year, and I plan to use private money to finance my first few deals using the BRRRR method. If you have someone who wants to lend you money with ...
Taylor M.
Cold calling for someone else? - wholesale real estate
Hi All! I wanted to get your thoughts. I've been doing my research on wholesaling for sometime now and had been stuck in analysis paralysis for the longest, but I understand that the best way to learn is by also takin...
Kairio Salgado
vacancy on a 6 plex
Hey, what do you guys think about buying a 6 plex property, under market value property with one unit occupied. this would be my first purchase and I am concerned about not finding any tenants. How should I asses this...
Nik Moushon
Medium MF and BRRRR (Calculator) Questions
I'm relatively new here to BP so still trying to understand how everything works. I'm having trouble understanding how exactly the BRRRR calculator works in regards to MF. After putting in the purchase price and other...
Susan Leake
Property Manager - What to look for and how much
I'm a brand new landlord (out of town). What should I look for in terms of property management services and how much they charge. I have talked to one who charges 15%, which seemed high to me. (Western NY State is the...
Account Closed
Business credit
If I set up a LLC does a bank generally see that there is no credit history or do they go off of my personal credit?
How do I get a loan of they won't use my personal hx?