After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Hello i have a few questions. I live in Richmond Virginia and was looking to build a starter home to re sell. I was wondering if my step dad was the General Contractor on average what would it cost per sqft to build. ...
It’s April, and time for another Las Vegas update. For a more in-depth view of the Las Vegas investment market, DM me for our 2023 Las Vegas Investor Outlook.
Before I continue, note that the charts only include prop...
Hello all,First time investor here looking for some advice from the pros. Please correct me if this is the wrong forum to post.My wife and I are in a position to invest in our first investment property. We're likely ...
I am a new agent in Southern California and I have a friend who wants to purchase an investment property locally where we live (redondo beach, hermosa beach, torrance). This market is very expensive and she plans to ...
Hello BP community,I'm currently attempting to figure out how to accurately "guesstimate" the amount of closing costs for a residential property. I understand that closing costs include fees incurred by the title co...
For SFH rentals, do you typically require a completed application before you show the property? In my area (Central Illinois), I have noticed that it's about a 50/50 split. Some properties are even requiring the SSN a...
Hi All,I'm considering a HELOC to help with a small portion of a down payment on a property. However, if I do move forward and take out a HELOC and then turnaround a week later and apply for a mortgage loan, won't I g...
Multi-Family Pros,I currently own several small multi-family properties with partners but want to expand. My partners are hesitant although the deals work and the numbers check out on several small properties I have ...
I was thinking about splitting out the water meters on my 9-unit in the Pittsburgh area (PWSA) and called the water company about it. They explianed what I would need to do, but also suggested a much less expensive al...