Hello. I'm opening a few personal lines of credit to do short term BRRRRs. The problem is that now that I have the LOCs open and am borrowing from them, it looks like my credit score is taking a big hit. This may impa...
I own and rent out a condo unit, and also serve on the condominium's governing Board. A few years ago, we changed the rules to prohibit smoking in common areas, including exclusive-use common areas such as patios. T...
A friend reached out to me out of the blue asking if he could be a silent partner with me on a STR in Panama City Beach, FL. That is what I wanted to do next anyways but I've never partnered with anyone. I own 2 lon...
My girlfriend and I are getting ready to move out on our own this time next year. She just wants to move into an apartment because "it's easy and not stressful." By move in I mean, be tenants and not landlords.However...
HI there and thanks for your reply. I'L be caring a note on a property i am selling in NORTHERN CA. Any suggestions on rate and terms for future sale of the note.
I'm hoping someone can clarify a scenario I am running into on a turnkey property in Birmingham, Alabama. I have bought two other properties from this seller and everything has been smooth sailing so far.The third pro...
Hello BP,
New investors , how are you locating easy hard money lender or Pml ? w/o strict credit requirements
It seems the government have no concern for mom and pop investors. With the CDC extension of the eviction moratorium until June, it seems their only interest is protecting the banks. There are tenants refusing to pay ...
Yes, the Toledo city council passed a new lead paint ordinance which will take effect in 365 days. This is not the end but only the beginning of the new ordinance which applies to rental SFH, 1-4 units and day cares a...
Hello all,I have a question regarding getting my first loan through a portfolio lender to finance my first flip. I hear a lot of people say that you should have your financing in place and be pre-approved before looki...