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3 January 2025 | 4 replies
Great to meet you.We source from four primary suppliers: Lowe's, Home Depot, Floor & Decor, and Amazon.
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24 February 2025 | 49 replies
My partner and I just had a couple of Zoom meetings with Hilany as well.
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29 January 2025 | 14 replies
Now if it was me, I would have gone over myself to initially survey the problem and at the least meet the plumber over there to assess the damage.
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24 February 2025 | 20 replies
If you meet at least 1 you can go up to 100% of your home's appraised value.
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27 January 2025 | 0 replies
Builders are stepping up to meet demand, and buyers are taking advantage of opportunities in new construction that they simply can’t find in the existing-home market right now.
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31 January 2025 | 121 replies
BP has a lot of great CPAs on the platform that you'll see answering a lot of BPers questions.
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24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
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27 January 2025 | 13 replies
If landlords fail to meet their responsibilities, they’re fined immediately.
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22 January 2025 | 13 replies
The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.
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22 January 2025 | 11 replies
It’s always fascinating to meet investors, learn about their careers, and hear how they got into real estate.Do you focus solely on STRs?