A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...
Hello! I have a sub 2 deal under contract at $181K and a retail buyer who wants to pay $220K to buy the deal from me, meaning he's going to pay me $39K cash to get the deal.
The problem is that he's nervous...
I learned today an extended family member on my wife's side lost their job. This was at a major retailer company as a manager. He was on time, never called in sick, and did a great job. Was there over 11 years as a fa...
Hello BP Community,I've been wanting to get into real estate buy and hold investing for cash flow since I was in college. 1 year ago today I decided I would finally do something about it (33 years old now). I spent al...
I am a newer landlord, managing 6 properties. I have used mysmartmove in the past for tenant screening, however I have had enough of their terrible customer service. Horrible experience the last two tenants that trie...
Hi BP, I get this question over and over again from new real estate investors that are just starting out - how do I get around DTI limitations? In order to buy more real estate by means of conventional lending, you ha...
I recently went to my local REIA for the first time. The president of the REIA is a prolific local investor and has about 100 local flips under his belt. Naturally, I want to learn from this guy because he has done so...
Hello all,This is my very first post on here. I recently found a property that has been vacant for many many years. It was up for sale multiple times throughout that period of time. It Is in need of major renovation. ...
Hello all! I am a new member in the MPLS area. I am looking to get into Single family, Multi_Family, Apartments.I have to say this all started for me back in the days of Carlton Sheets. My mother told me I should get ...
Question: Is there purpose to showing bank or lender loyalty when obtaining additional loans?I know from the Podcasts and reading these forums that some people enjoy having a relationship with their lender. My thoug...