Godsheritage Adeoye
First investment property secured, and second under contract at age 20!!
25 December 2024 | 2 replies
Hey everyone, it’s Godsheritage here!
I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community! Even more exciting, I’m already getting my second prope...
Van Lam
Cash Out Refinance
11 January 2025 | 7 replies
Keep in mind, though, that each lender has their own criteria for how much future potential they’ll factor in, so it might come down to some skillful negotiation and presenting detailed projections that don’t feel like puffery.Just be careful not to come off as overly speculative…lenders tendd to shy away from what sounds too good to be true.Anyway, I’m curious.. have you spotted any other investors in Gainesville facing a similar refinance puzzle and what kind of terms were they able to secure?
Maria Murphy
Develop, then sell and/or rent?
12 January 2025 | 2 replies
The second one to build a security net.I've simplified the deal a lot but... am I missing out something obvious?
Kyle Deboer
Raising Down Payment Money
14 January 2025 | 22 replies
I got the Discover It Secured card in high school and used that to build up my credit.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
It’s a smart way to dip your toes into investing while securing your first home.You’re not being too ambitious at all!
Franklin Marquette
Renter's Insurance Liability Requirements
14 January 2025 | 4 replies
Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets.
C.S. Bryson
Is this a good deal?? New to investing and seller finance and looking for advice :)
17 January 2025 | 13 replies
The buyer may pay off the remaining balance at any time without penalty.2.Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.Loan Security: The property will serve as collateral for the seller-financed loan.Hey @C.S.
Melanie Alzugray
Newbie Investor looking at Kissimmee, Florida
17 January 2025 | 3 replies
The area has certain advantages like shelter from regulation risk (pretty much as low as anywhere in the country if you buy in the approved STR tourist zones) and long term security (people aren't going to stop going to Orlando anytime soon).
Cody Baum
Well-read Newbie Stuck in Analysis Paralysis!
3 January 2025 | 2 replies
Good luck on your journey and I hope you provide the financial security you hope for to your daughters.
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
Quote from @Jordan Kaylor: I'm new to real estate investing and have secured a HELOC on my existing home.