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I purchased a 3 family home in Philadelphia under an LLC (I am the sole owner). The home was not in the best condition, but ok. I think someone lived there before I became owner. The previous owner apparently did n...
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Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...
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Are you in your mid-20s and thinking about diving into the world of real estate? Congratulations, you're on the right path to securing your financial future! Starting your real estate journey at a young age can be inc...
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Hi all. I'm hoping to use a portfolio lender to finance my first flip. If I find that BankA offers residential rehab portfolio loans, will their terms depend on their confidence in the deal, to include my experience a...
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Like many in the STR community we has switched our target from STRs to Boutique Hotel investing. We have honed in on a great property with tons on potential here in Richmond, VA. As expected the banks I've talked to t...
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This post applies to Maine landlords, but may be useful for others as well. For 10 years I used padzilla, also known as tenant-net, for eviction and credit report screening. They did an inspection of my office so th...
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Hello BPers.Whilst walking the dog I started talking to a friendly old guy. He's the original owner of a 1972 SFR house in San Jose, never remodeled or finished on the interior. I haven't seen the inside but the out...
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I'm thinking of a strategy where I lease option properties from sellers and turn around and lease optioning to buyers thus controlling the properties, but not needing traditional financing or typical rental headaches....
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What kind of ARV should I look for in the DFW market right now?We are working with wholesalers who are bringing us deals at 80ARV of their estimate on what the property would be worth. Is that too high?Should I trust...
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I have one STR that I am starting to get ready to list. My portfolio currently consists of 6 Active Vacation Rentals (Air B&B & VRBO) and a few other properties that is continuing to grow. I am looking at sell...