Kelly Beck
Capital Stack fees
We are looking at possibly using capital stacking to fund holding costs and a light rehab for a sub to property we own. We were referred to a company who does capital stacking. Their fee is 9.9% of the total amount we...
John Hart
Newbie Seeking Cash Flow Rentals Using HELOC
My target price is $150k-$200k and have been analyzing Condos/Townhouses, since free time is limited (work full-time and family) and maintenance is handled by HOA. But HOA fee + HELOC cost is cutting into cash flow. S...
Stefhon Walker
What's The Best Way To Collect Rent From Tech Illiterate Renters?
I'm suppose to take over a landlord position on a home from my father, but the people who live there don't really know how to use a computer. I live 1 1/2 hours from them and i'm suppose to collect rent every 2 weeks....
Tony Velez
Pre forclosure help please!
Hi,I found a 3 family house I'm interested in. I talked to the realtor and she said they would like to move quickly because the house is close to being foreclosed on. I haven't seen the inside of the property yet. I a...
Brandon Gamblin
How does private lending work?
I'm really thinking about using Private lending (or HM lending) for my real estate deals, so,
#1, Im asking if someone could explain to me the structure and purpose of Private lending? I don't get the g...
Jenna Bamlet
Business partner separation
My business partner and myself have been attempting to separate for well over a year, waiting on properties to sell. I want to leave the LLC all together and he'd like to take it over. I refused to "subject to" the pr...
Nick Thomas
Business Credit Card setup, can I have one or do I need one each?
Hi BP!
I would like to get a credit card for expenses and want to ensure that I set it up right from the beginning. Am I going to need a credit card per sub LLC that owns the various real estate OR am I able to set ...
Xiaoyu Liang
Junior Lien Holder in Foreclosure Process. What Would You do?
Got myself into a sticky situation as the junior lien holder. All the below numbers are for easy calculation purposes.I hold a junior lien of $18k to a property in Arizona City, Arizona. The property was sold at $300k...
Stephanie Preasha
Tenant paid most, not all rent
I have a situation where a long-term tenant paid all but $275 in the rent (total rent is $1775). My lease states he will be charged $25 each day not paid but does not specify anything about partial payments. I did l...
James Piercy
What is your most creative commercial loan?
Hey Everyone,Curious to hear the most creative ways you've pieced together funding for commercial apts. I am looking for commercial properties and since purchase prices can very significantly from property to propert...