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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $490,000
Cash invested: $75,000
Build to Rent, development then holding long term or atleast till I find su...
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Hi BP Team! Construction loan help please! I am closing in few days, been 55 days on this construction loan, the bank just sent over the closing sheet they're only covering 90% of the loan-this is new information! Th...
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Happy New Year. I am finalizing the paper work for my LLC and have a property in sight in my neighborhood. I am trying to get a private investor vs. a hard money lender. I recently read on BP the information about "fi...
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As a person with little to no credit history, what would it look like to have a close family member sign for a loan, that for all intensive purposes, would be my property.I am 23, and just started a good paying job, f...
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Hi Guys,sorry if it is a stupid question.Does the sellers financing show up on a credit report? Or in other words, do banks see it?For example, if I have 10 properties that are seller financed, does it mean I wont qua...
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Hello all. I initially bought my 7 properties with my partner, cash only. My partner however does not want to use any type of Leverage and lending. At this point I am forced to purchase more homes with leverage al...
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Hey Everyone,
Quite a bit to unpack here but I'm in a bit of a cross roads on how I should approach using a HELOC.
scenario 1: Utilize to pay off Car Loans + 2nd Property down payment? ($100k)
scenario 2: Accelera...
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I would like to purchase a vacation rental using USDA loan. Any advice or experiences?
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We have established that to truly protect ones assets, one needs to hold all rental properties in a LLC. D/B/A is not the same thing. This gives the property owner no protection. How should a new investor approach ...
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Looking at a house that is selling for $80k. My guess is it needs about $20k in renovations. Final value will be about $135k. I'm interested in doing the BRRRR method as I think this will be better off than flipping b...