Gregory Childs
note purchase commitment letter
I noticed a phrase in another posting "A quote and note purchase commitment letter can be issued prior to closing so that you will know how much cash you can expect to receive at closing"
If I hold a 9% note for $75k...
Jason Merchey
Numbers Feedback
I would appreciate any feedback you can give. This is basically my putting together some numbers to help me determine "what's what" in commercial REI. I have no experience, and in fact, I have yet to read much about i...
Catherine Decker
best way to structure partnership when 50/50 DP but 1 does PM
Hi BP Community,Looking for some sage advice on how to best structure a partnership for a deal I am working on right now. Have been looking for answers to this question in the forum, but nothing quite fits.I am partne...
Chris Mason
Using the 50% rule backwards to evaluate viability of a market
50% rule: rent * 50% - P&II'm over here playing with my financial calculator, and found something interesting.Rent * 50% = what you want your P&I payment to be equal to or less than.You can use that and a fina...
Cinque McKetty
5 Perfect Kitchen Upgrades for a New Look Without Remodeling
Almost every homeowner dreams of a brand new, state-of-the-art kitchen, but kitchen remodels are expensive and can often take months to complete. Fortunately, there are a few easy changes you can make which will give ...
Ramiro Rodriguez
How to get Funding for BRRRR abd Fix and Flips
Any advice on how to get funding for someone who doesn’t have a “rich uncle” or much money saved up for a significant investment? How does this process work?What are the various types of loans that one could use to bu...
Hanns Campbell
New pro member and starting to invest
Hey BP Fam,Looking to Brrrr in Philly area, was wondering what were the amazing areas where i can start investing
Jacques Ridore
20/5 balloon mortgage investment property loan
Hello everyone,I have an opportunity to purchase 2 duplexes (4 units) right next to each other in a very desirable location. I initially tried to purchase them using separate loans for my wife and I. Unfortunately th...
Max T.
First Investment Deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phila.
Purchase price: $200,000
1st purchase. Duplex. Owner occupied and improved for the first 4 years. Put down 10% at the t...
Justin Beckman
Best use of a HELOC in San Diego
Hi Everone, I’m new to RE investing and looking for some advice. I have lived in my home in San Diego for 10+ years and have some significant equity. I recently secured a Heloc and am looking for advice on how to g...