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Percent of ARV for rental property
I've been looking at a rehab project for a 4 unit multi-family that I intended to hold. After looking at values of surrounding buildings in the area, I'm not sure the ARV is going to be as high as I expected. I was cu...
Jose Castillo
Just got 25k business line of credit. Help
Hi BP, I was just approved for a 25k business line of credit. My business mostly consist of wholesaling so I was wondering if it'll be best to leverage my line of credit for more marketing or should I hold on to it fo...
Robert K.
Claiming Primary Residence for HELOC - Unique Situation
I have owned my home for 2.5 years. I have lived in it the entire time. My job/W2s, driver's license, insurance - everything still points to this home.
I recently temporarily moved in with my parents, and am set to h...
Dan H.
Poll shows 64% of Americans would welcome a recession if it eant lower mortgage rates
Exclusive: 64% of Americans would welcome a recession if it meant lower mortgage rates (msn.com)My thoughs:- They do not have a good understanding of what occurs in a recession.- Less than 1.5 years ago rates were nea...
Kenny Smith
HELOC on Investment Property?
Hey BP community!Anyone know of a good credit union that could offer a HELOC on an investment property?Thanks!
Chris Wyche
Does anyone know anything about billboard investing?
I'd really like to get started in billboard investing, but I know it's not a very popular method of real estate investing. I have experience flipping houses and buying/renovating small apartment buildings, so I'm f...
Nasar Elarabi
BEFORE & AFTER PICS on a NEW build
Hello All my my fellow BP'ers . I've been involved in Real estate for 10 years now. And as I continue to grow the more I realized how much I don't know. Fortunately, I've done a lot of self development and I continue ...
Michael You
Lent money to fund a deal, now can't get a call back
Middle of last year, I lent money to fund a flip and close on a development deal. Both were meant to short term, 3-6 months until the flip sold, or until the development deal found a longer term investor. Now, after r...
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Berkeley Illegal Unit/Legal Help Needed
Hoping that someone here can recommend legal or consulting help for a tenant situation in a rent-controlled unit in Berkeley. My daughter has been renting a studio in a 5-unit converted SFH for the past four years. ...
David Ivy
July 2020 Austin Market Report
The Austin area real estate market has steamrolled through 2020 so far with little regard to the pandemic. According to the Austin Board of REALTORS (ABoR), July 2020 saw significant year-over-year gains in closed sal...