I've secured a private lender and I've just received the funds in my account to purchase a small (2-6 unit) multi family property. I would like to speak with 5 or more lenders before I purchase a property, what are di...
Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...
I heard recently about DSCR loan’s. What’s your opinions about this type of loans? Should I consider using this loans?
Hi, every crowdfunding sponsor/borrower promises the moon. So, I'd like to hear other investors give their best tools/sites for crowdfunding property due diligence.Note: I'm looking for sites/tools that you use to do ...
There have been many forum posts here on BP about Gurus in this business, evaluating their performance, etc. There are a number of active members of BP that swear up and down that they're not a "Guru". So what is th...
I'm looking to replace 12 older air-conditioning units that are through the wall models. My HVAC guy is telling me that I cannot use conventional wall unit air conditioners and the one that he is proposing will cost...
I bought a tax lien certificate in 2014, in Aug 2016 I got the tax deed which i recorded it on my name. A week ago i got a letter from the an attorney saying the former owner wants to redeem and to send him the amount...
Hey guys, I wanted to find out how you start finding homes to send direct mail to. Is driving for dollars the best method or is there a list of distressed homes or a website that you use? What has worked best for thos...
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
Hi all, I'm considering buying a property entirely clad in asbestos siding. Has anyone dealt with this and what did you do? I was told I can just put new siding up over the asbestos and it would be effectively encap...