Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...
I purchased my home with a conventional loan, 3% down payment. There’s roughly $30k in equity in the home. The wife and I are looking for a bigger home but want to keep and rent out our current home. Should we use the...
Hello BP community,
My partners and I have a BRRRR property we are ready to sell to start to scale our business. Here are the figures:
$40k purchase
$41k renovation
$141k (Sept 2019) appraisal
$105k cash out mo...
Once you have done the hard work of fixing up an investment property, the next phase is marketing it to sell. The key to any plan is to find the right mix of tactics that will bring qualified buyers to your door step ...
Hey bp family. As I sit at my kitchen table at 3 in the morning on a tuesday i have come to the conclusion that it is time to take action. I can no longer let myself be deceived by the thought that my 9 to 5 or in m...
Hello All,I hope all is well with everyone, I am very new to the Real Estate field and I am looking to maybe one day make this my main source of income but like most I'm having issues starting up. I am waiting for my ...
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
My real estate journey started in 2018 when I found BiggerPockets and decided to jump into the Single Family space in my market, Houston, TX. I loved Commercial Real Estate, Multifamily in particular, but I had a limi...
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
A realtor has presented me with a duplex in the Nashville area. It's a pocket listing, apparently I have first look. I'm a newbie, this is my first investment. So I'm not rushing into anything.I see a total dump, each...