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Results (10,000+)
John Jacobs Private Money Lending--Requests Made by my Bank
26 May 2024 | 19 replies
  (2) That I have a Third Party Audit conducted of my "company" which as stated is a single member LLC.Does anyone have any experience with the above requests? 
Paul Novak Dealing With Neighbors
25 May 2024 | 12 replies
In my experience, calling the police repeatedly for LEGIT issues is the best route. 
Jalen Wilson Is it possible to get a mortgage with no W2 history
27 May 2024 | 11 replies
Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.
Johnery Laurimore Investing in WIlkes Barre, PA
26 May 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Cameron Davis I’m thinking of using my rental as a sober living house
27 May 2024 | 28 replies
Hi Everyone, I was wondering if anyone has experience with using your rental property as a halfway house for companies such as “oxford house”.
Isan Sahoo What's the STR forecast for 2023?
24 May 2024 | 100 replies
The problem with someone's experience (and this is not just for STR) is the experience is hard to duplicate.
Mark Howard Manufactured home investing for rentals or resale.
26 May 2024 | 2 replies
The key is getting the education, studying it and eventually learning through experience
John Beck Acts program and Ron Legrand
24 May 2024 | 36 replies
Want to know fellow BPers experience on that program.
Claire Pedregon Best Vacation Rental Property Management System (PMS)
24 May 2024 | 10 replies
Pricing per unit for 17 units:Guesty - $60/monthHostaway - $35/monthLodgify - $13/monthTurnoverBnB - $6/monthI've also played with the idea of doing a combination of services to include either Breezeway or TurnoverBnB for their cleaning team systems.
Aaron Fine Lending to flipper for construction w/o collateral
26 May 2024 | 8 replies
Because this is a new strategy for them, it likely means they have fewer options for construction loans due to lack of experience.