I am considering buying a condo in Miami, pretty hot market nowadays. The seller's agent said he could not show the place without getting a full price offer claiming that tenants were not comfortable with visitors bec...
How can you tell if a Private lender is legit...so many scammers out hear, and should you pay origination fees? Need help in finding hard money or private lenders
Hey guys, we started the process of getting a HML back on Oct 29th. They said our property was good and they accepted it. We moved forward with all the docs needed. To even do the app there was a $200 fee (that I’d ge...
Good morning! What kinds of features should I look for in a business checking and savings account as a RE investor and landlord? Do you have a favorite bank in town, and if so, why? Thank you
My family has an apartment complex and currently we do not have a website. I want to get a website for our complex to put useful information on there for the tenants.One of the big things I want is for tenants to be a...
Hello BP Community,General question regarding using some of the cash flow from REI to fund monthly expenses. As an example, if I have 10 properties each bringing in $1000/month net for a total of $10k net monthly REI ...
Hello! Let's assume a person named Investor X has $100k exactly in a 401k and wants to begin buying homes.
I'm assuming step 1 would be for Investor X to roll over his 401k to a self directed IRA, but what's ...
hello BP...I jus received an email stating that my loan request has been granted for 40k at 4.8%. I have been looking for financing and this should be great news, but this seems just a little too good to be true. Th...
Hello,I have a couple of questions i would like to ask about using a Hard Money Lender and a Private Money Lender. First i would like to know at the closing does the hard money or private lender also go to the closin...
I’ve got the opportunity to use OPM to buy a house in cash, so how exactly do I purchase the house? Do the lenders purchase it under their name or do they write a check to me so that I can purchase it under my name? I...