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13 December 2024 | 2 replies
Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.
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12 December 2024 | 6 replies
While a lot of STRs, and properties in general, can work as an MTR, really nailing down who you'd like to serve can absolutely help guide your purchase decision on your next property.
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14 December 2024 | 12 replies
I own a triplex in Toledo, Ohio and plan to buy many more properties here and was writing to see if anyone has any recommendations for property Management companies or people who property manage out here.Any tips or guides would be much appreciated!
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17 December 2024 | 86 replies
If you want more info on Cleveland you should read The Ultimate Guide to Grading Cleveland Neighborhoods.
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11 December 2024 | 2 replies
. :)The best book I've read is "The Unofficial Guide to Real Estate Investing" by Spencer Strauss.
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14 December 2024 | 6 replies
They can guide you on tax advantages, asset protection, and multi-state strategies.A HELOC is a smart way to leverage your equity—ensure your financing structure aligns with your long-term goals.Since you plan to add multiple properties annually, consider setting up bookkeeping and financial tracking systems early to streamline your operations.Best of luck with your BRRRR journey—it sounds like you’re off to a strong start!
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5 December 2024 | 19 replies
BP Community, I’m reaching out because my 13-year-old son has developed a huge interest in real estate, and I’m not sure how to guide him.
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11 December 2024 | 8 replies
They often offer coaching programs that can guide you through the fix-and-flip process, including how to properly assess properties during walkthroughs.
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14 December 2024 | 101 replies
The strategy that they taught me (Whole Sale) had no real guide lines and I found that my marketing money was going to run out too fast.
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11 December 2024 | 8 replies
It's always a tough call on whether to just do a day trip or pay for a rental as the costs of a nice rental can add up quickly.The TL/DR (which I'll expand on) is that we ended up changing to a strategy of letting others help pay for a cabin that we know we'll love.