hello BPers! I'm working with my team to find the next right opportunity and curious about y'alls purchasing strategy. My initial offers are typically low ball, but those low ball offers make the math work to help us ...
I’m finding it difficult to find a mentor. I live in Mississippi which is rural for the most part. I’be not found any Bp meetups but I’m interested in hosting one. But I’d also like a mentor who can guide me along the...
Hello! My husband and I have 20 units that all had tenants when we purchased them. They are in leases with the previous landlord, but most of them have expired which means in my state that they automatically become mo...
Hi, I am a RP starter in TX who is looking to secure a line of credit for their second rental property. I have bought the barren land already and am looking for around a $50,000 personal line of credit to use on the t...
What’s wrong with what I am doing. I have been getting leads and deals coming to me but I can not get any funding for my deals to save my life. I opened my first credit card in July to build my credit. I made and pai...
Are there Bank/Credit Unions that would approve a $250k business loan as capital for a real estate company with no real estate? There is one revolving line of credit under the EIN. I was considering taking $8k from HE...
Hi everyone. I'm hoping that a clever, experienced investor can help me. Maybe I'm just terrible at mathematics, but I'm struggling to figure out how to calculate ROI from a house purchased via my HELOC.The numbers I'...
So May 2023 I bought my first duplex and house hacked for a year now I rent out both units. How do I use that one property to acquire a second and how do I go from 2-3 and 3-4? Is it just a waiting game until there is...
Offered HELOC at closing of mortgage. Prime (8.25) plus 1.99 which is terrible. Have a great FICO in the top 700's. Why does a major bank hand out such high rates when I see better rates at prime or prime - everywh...
My father, despite never missing a payment in his life, has fairly mediocre credit due to, we think revolving debt. 2 Questions:
1) We think some of it may be because the credit bureaus view 2nd loans from ba...