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Good morning, I have a 2 Bed 2 Bath townhouse that I purchased last December. I am in the military, and was expecting to keep the house for another 2 years before I have to decide whether to rent or sell.Recently I ha...
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I'm guessing this has been covered somewhere, but alas, there does not appear to be a search function on the mobile app, so I can't find it!
What's the deal with buying tax liens? Great idea? Awful idea? Depends on t...
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Hi reaching out for a friend I have been emailing and private lending company got info for terms and conditions through email and gave me a website to apply for loan. In email it's states bank statement and pay stub a...
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I live in Illinois and am looking to purchase, fix and flip properties. My brother, who lives on the West Coast, has become friendly with one of his neighbors and in passing mentioned my business. The neighbor proceed...
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Hello,My husband and I now have 2 quadplexes, 2 single family homes and 4 townhomes in our portfolio. We started investing in 2013, when we formed our LLC. We want to add another multifamily to our portfolio but can o...
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Hi all! I am exploring hard money options in RVA and would like to know what to expect regarding costs? i.e. origination costs, appraisal requirements, interest, commitment fees, processing fees, etc. I have a decen...
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Hi BP community,
So I heard interest rate on private loan can only be 10% over Federal Reserve rate, is that true?
For example, as of now 3/20/2023 the Federal Reserve interest rate is 4.5% - 4.75%. Let say our hol...
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I’ve got two goals for the next 12 months. One is to buy a multi family property, 5 or more units. My other goal is to buy a home. I’be got 5 kids and 3 bedrooms so I’ve got to get a bigger house.My understanding is t...
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Looking into buying a property thats zoned A4 general residential. The property is currently a single family home but could easily be converted into a 3/1 duplex. Who with the city do I need to check with before makin...
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So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...