Hi looking to get DSCR loan for a few of my STR properties.  They are condotels.  Any recommendations?  Any places that do not have prepayment penalties or have lower LTV requirements?  Thank you

Hi all,

For those who have purchased a home where the seller carries the financing, how have you typically set up the payment structure? Is there a company or service you use that you can input the data and then have...

I am wanting to purchase properties to flip at foreclosure auctions in my area. I have spoken to PML that fund flips and they aren’t sure how to lend for auctions. The issue is funds are due immediately after winning ...

If I use a hard money loan for the acquisition, would I leave the "cash price" unchecked? If I check the box I have all the drop downs I would use except for the amortization years. Unless I am supposed to put 1 year,...

Hi all,I'm a mid-20s guy looking to diversify into real estate. Right now I have about 125k invested in vanguard with about 80k of that liquid (taxable mutual funds), and about 10k in a plain checking account. I've be...

I was wondering what I would consider a construction draw in quick books. I have a loan for 88k through a hard money lender and about 25k is built into the loan for construction draws. I got a draw for 8k a few weeks ...

I'm applying for a $125,000 construction loan. Lender wants 1 pt. and is offering 5%, due in two years.He wants the 1 pt. ($1250) upfront. I told him I'd prefer it be deducted from loan proceeds. He claims it's refund...

Hi ! I'm looking to establish an account with a regional bank in the Hampton Roads Area, Any reccomendations or preferences by those in the BP community use. Looking to start with a joint checking account first and bu...

Hello, I've been using a calculator to analyze deals and when it comes to the refinance portion. I'm able to pull my money out but the PITI with the new mortgage payment ruins my cashflow. Does anyone have any advice ...

Hi BP Community, I have a deal I would like to run by you all and get any feedback you can provide. I am looking to buy a property in FL at an auction. Looking through the court documents and official records it looks...