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16 December 2024 | 4 replies
Once you decide which type of exchange you want to do, you could then narrow down your product / company.
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16 December 2024 | 6 replies
This can help you greatly with the additional depreciation.Ultimately, med to large MF and small 2-4s are totally different products.
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16 December 2024 | 19 replies
Have the agent video everything, just in case tenant is there and causes a scene or refuses access.You will either get the work done or have a video supporting your eviction.
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5 December 2024 | 6 replies
@Danielle Tran, if its not in the lease they cannot make you stop selling those products.
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17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
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19 December 2024 | 24 replies
The products they sell are almost always counterfeits or not as described and the land they sell/finance are worthless.
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14 December 2024 | 6 replies
Google docs, videos)*This is for direct to owner/off market deals #AskBP
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19 December 2024 | 22 replies
If it's a matter of a quarter point but the more expensive debt is with a bank that offers better other terms like amortization and LTV, and they have a rock star loan officer, I'd go with the slightly higher interest rate product.2.)
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16 December 2024 | 11 replies
I later flew out there and walked the properties -the properties and neighborhoods look much different in person than on video.
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16 December 2024 | 5 replies
However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.