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20 February 2025 | 3 replies
There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.
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26 February 2025 | 4 replies
While you're double-checking your numbers for the 17th time, a pro already locked up the property, negotiated seller concessions, and lined up financing.The real question isn’t "What surprises new investors?"
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18 February 2025 | 2 replies
You did not add an asset to the property.
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11 January 2025 | 12 replies
I got the property off-market for $250k from a trusted family friend.
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7 February 2025 | 2 replies
Hello BP Community, Can someone share their experience or guidance on how to get a rental property certified for Section 8 in Detroit?
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23 February 2025 | 5 replies
Renting out your current home could provide steady income, helping offset the new property's costs.
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16 February 2025 | 14 replies
Tracking can be done in property management software, a spreadsheet, or even a piece of paper and a pencil, as long as you can account for who's money is in the account.
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10 February 2025 | 6 replies
Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.
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6 February 2025 | 5 replies
Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.