Hi BP Family,Curious about a situation I may not be understanding clearly.If you purchase a Turn Key STR using a 2nd Home Loan (Vacation home 10%), how do you get your initial investment out? (10% DP + $10,000ish in n...

I've got some properties in Pittsburgh under contract that I need to close fairly quickly and am having challenges finding a company who can get it done in a decent time frame. Also had challenges with a few attorneys...

Trying to get a HML to fix and then refinance and then move in. What determines if we can refinance the property besides our income/tax information and the appraisal value?Note- Property is unique due to large size in...

Investment Info:

Condo buy & hold investment.

Purchase price: $240,000

Cash invested: $50,000

I purchased this condo in 2006 with the intention to keep as a rental property after my needs changed...

@ken McElroy

I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:

Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...

Curious to hear how STR managers are insuring their business, and whether you are requiring subs like cleaners and handymen who go into the property to be insured. If so, I'd appreciate info on what company you are us...

Hello everyone!Question to people who own 16+units - what type of loan do you use? Do you always go with interest only or not? What is your train of thought behind this?

- Do you have to include any special clauses in your contract when doing a double closing. Also, with the end buyer do you just use a standard purchase sales agreement.

-Do you have to pay capital gains on a double c...

ok,

numbers!!!!! first let me give you numbers
(karla i hope you're listening)

$450k = asking price
$6000 = Rent roll = $7200 annual = $720k

Here is the sweet deal... (you thought that was it huh)

The property A...