Account Closed
How does the repayment for hard money work?
8 September 2017 | 2 replies
Depends on the lender, check your Loan Agreement, depending on the term and purpose of the loan, it will specify either monthly payments or a balloon at refi.Read anything on BP, they have the resources you are seeking
Ron Smith
New Investor in Northern Virgina willing to go out of state
8 September 2017 | 10 replies
The financial partner can feel confident when the person providing the TK property stays on in the deal...and doesn't just dump it and run.
Greg Stepich
LLC vs. S Corporation vs. Neither
8 September 2017 | 4 replies
Plenty of the right insurance coverage is your best and financially easiest route to take.
Nicole S.
Help me narrow my strategy in Cleveland Ohio please... :)
30 December 2017 | 22 replies
Hi BP,Thank you all for this wonderful forum resource!
Patrick Hill
CASH FLOW AND DEBT SERVICE QUESTION
14 September 2017 | 5 replies
Stories3Price/Unit$86,458.33Year Built1972Property TypeMultifamilyLot Size0.56 ACProperty Sub-typeGarden/Low-RiseAPN / Parcel IDWHAV-000048-000023 Financial Summary (Actual)Year2017Operating Expenses$101,837Scheduled Gross Income$245,376Net Operating Income$134,870Effective Gross Income$236,707Pre-Tax Cash Flow$36,876 Debt & Equity InformationDebt TypeExistingAmortized Over30Loan Amount$1,660,000Annual Debt Service$97,994Interest Rate4.25%Down Payment$415,000
Austin Mack
Is it wise to use your SSN for all business endeavors?
8 September 2017 | 2 replies
If that were to be comprised it could ruin you financially.
Evan Parker
Family member just acquired $43,000 -- What to do?
8 September 2017 | 2 replies
Send them to a financial advisor.
Chris Jensen
New member from Eastern Iowa
9 September 2017 | 10 replies
BP is a great resource for researching just about any REI related topic for sure.
Marcus Mcvay
New to Real Estate and BP. Located in Northern Virginia.
20 September 2017 | 16 replies
Every resource you need is on this site.
John Humphries
Where do you put your reserves?
9 September 2017 | 8 replies
I use Ally financial for my rental checking and rental reserve account, about the best interest rates you'll find for FDIC insured bank accounts.