Lazaro La Rosa
Hard Money Loan....Advice?
Good morning BP!I am new to REI and am working on landing my first deal. Hard money is the only way for me to go unless i find someone who is willing to seller finance.I found a Hard money lender who structured a deal...
Myrtle Mike Thompson
Myrtle Beach Oceanfront Condotel STR Case Study
Hello investor friends,I was analyzing a property recently for one of my buyer clients and thought it might serve as a helpful example for anyone considering a purchase in the Myrtle Beach area. I used the BiggerPock...
Khoi Huynh
Questions about BP Property Analysis Tool
Hi all, I just attended the podcast and saw Brandon use the analysis tool to analyze deals. I didn't see any field where you can input school district tax or MUD tax. Aren't they one of the factors that we need to con...
Kyle Smith
Percentage of gross earnings for taxes/fees for STR in Gatlinburg
I would love to hear your thoughts on what percentage of my gross income would be for typical services and fees usually handled by property management companies in the Sevierville areas. I’ll be handling everything m...
Corey Dutton
What Are Typical Interest Rates on a Hard Money Loan?
When we talk about loans, especially Hard Money Loans, the lender’s interest rate
easily falls between 8% to 18%. The borrower’s credit score has weight on the
interest rate even with hard money lenders. The property ...
Reginald Dearmon
wholesales
I have purchased a list from listsource and I have started sending out yellow letters. I have received MY FIRST call back but the owner said he has $50,000 left on his mortgage. The ARV is 105,000 - 120,000 , can I ...
Matt Greenfield
AirBnB Tax Write-offs when using an STR Management Company
Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...
Mario Mach
What is the point of buying a condo in NY with the HIGH HOA fees?
Hey guys,I've been considering buying a condo in NY for $<500K. There's a healthy supply of units but I noticed that each one generally comes with a monthly HOA/maintenance fee of $1000+.So let's say you buy a stud...
Sue Sonntag
mortgage on a paid house
has anyone heard about getting a first mortgage on a house that is paid for in order to use the money for investing? what are the rates, and how much can you borrow against your house?
Huey Fontenot
The Basics of Hard Money
My partners and I want to go the route of hard money for our first property. What are some good probing questions? What documents do we need to have to complete the process?Thank you in advance