Linzey Ledesma
Advice for an REI newbie
13 October 2020 | 4 replies
Hello BP Investors,As a rookie I am seeking advice on what I should do or how to prepare to buy my first rental property.
Chandrika Brewton
How To Find Private Lender
8 October 2020 | 5 replies
I am seeking information on how to find private lenders for projects.
Alex L.
Requesting help explaining the BRRRR strategy
9 October 2020 | 8 replies
Then got an appraisal for a new value of $450k The bank refinance at an LTV of 80% ($360k loan), that refi paid off the first mortgage and I was left with $70k.NOTES:-Conventional banks won't lend you rehab money, you'll have to seek out a HML or private money-Now with Covid, banks are typically around 70%LTV on a refi
Brandon Patrick
New Veteran looking for investment groups or seminars in Socal.
14 November 2020 | 11 replies
You should narrow your focus and seek out investors willing to help in those areas.Good Investing...
Jacob Mulle
Car damaged by land care service
11 October 2020 | 4 replies
If you had any proof at all, you could seek damages from the landscaper - or even have your insurance company pursue a claim through the landscape company.
Artem Shum
90 Days Challenge. Day 35 Please help me to analyze this property
12 October 2020 | 2 replies
Take those expenses off of your balance sheet; don't include them in rent; you could be stuck paying late fees, penalties, and overages you don't have money for.2) You can reduce vacancy to 5% if you're signing them to a standard 1 year lease.
Benjamin Sussman
When does overleverage get you in trouble?
12 October 2020 | 34 replies
I was out of grace period low or no interest straight into penalty pricing without missing 1 payment.
Keleisha Carter
Creative financing in Memphis
12 October 2020 | 5 replies
I am seeking the following:1.
Geo Cruz
Hard Money For Buy and Hold
20 October 2020 | 9 replies
Let me throw in my two cents...It could by 12months because your hard money lender just wants it that way. 6mon “seasoning” is due to the conforming loan “early payoff” penalty.
Arta Montero
What to do if tenant not paying
19 October 2020 | 4 replies
The penalties are too great to mess it up.