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Hey 👋 I’m looking into private Monday lending options. The rates on being quoted are 5% interest. Seems like a much quicker process than conventional loans since funding is in 3 to 5 days. No property appraisals requi...
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Hello BP community!We recently moved into a foreclosure duplex that we purchased downtown.  It was built in 2007 and only needed paint, cleaning and some fixtures.  All in all, it's been a light rehab in comparison to...
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I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $144,000
My first BRRRR deal. Used HELOC to buy and a business credit line to rehab. Once the rehab was complete and ...
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I have a long standing relationship with my credit union. I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it. I do not want to depend on a single source ...
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Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal? 4 investment properties move in ready . Fair market Value between all 4 single family properties are betwe...
Hello, First time operating my business in a partnership LLC. IÂ have just made my first real estate deal. I would like to open a whole life insurance policy on myself and put recently earned funds into it. Basically c...
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I spoke with someone from Lencred today and we discussed opening multiple lines of credit to start building business credit and to keep the entity separate from personal. He told me many investors use the services to ...
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My house which is under construction is now ready for electrical, sewer and water service. I still have a few questions as follows. Any information will be very appreciated. FYI, I am from Indianapolis IN.
(1) I cal...
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Recently purchased a rental built in 1910. We had the sewer line scoped before closing so we knew there could be potential problems and that $12k would be the worst case scenario if we had to replace it. Well, we have...