Almost 2 years ago, we rented out our personal SFH.  The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit.  They also had 3 large dogs (we have 2).  B...

Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing te...

Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...

Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...

Sorry for the misspelling in the title, hit post too soon and now I can't edit the title. I've decided to go the LLC route for my REI plan and I'm a little confused on how to purchase a property THROUGH an LLC. Detail...

Hello fellow real estate enthusiasts.  I came across this company who says they do "asset-based" lending, meaning that they provide loans based solely on the property and not the borrowers credit history.  They claim ...

I met with a small local bank this week working to refi some SFH rentals that are paid for in cash.  This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...

I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all.  Ofte...

I want to get approved for a DSCR loan. I have walked through a few properties that I know would cash flow.  Where can I find a lender? I talked with a manager at my local KeyBank and she told me "There is no such thi...

First, I am learning that "typical" and "commercial" should not be said in the same sentence.  But a couple questions for those with experience in multi-family apartment complexes.First, what should I expect to pay fo...