Hello BP Family,For a year now I have been reading books from the awesome BP authors and hosts of the BiggerPockets Real estate Podcast (Josh, Brandon and David) wondering how I could start my journey.Well, my journey...
We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...
I'm having a little difficulty estimating the ARV on a short sale. I have 2 recently sold comps for the subject property. Here's the breakdown:
Comp 1:
Sold Price:$189,900
DOM:61
Square Footage: 2067
Year Built: 1961...
My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
hi everyone i need some marketing advice i am a bit modern i dont know how to do direct mail marketing in addition to that i dont know how to find motivated sellers in Maryland the area i live in is a bit stable and p...
Hello BP!
I am looking to get started on BRRRRing my first property and I am curious to know if it's possible to do a BRRRR by putting down 20% and going with a conventional loan and if I have the funding to complete...
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...
Hi all,I am curious to see what financing options I have. I recently graduated university, so I do not have much employment history. I currently have 1 property (this October will be 2 years) but am looking into getti...
As a landlord with on-going small projects a lot of paperwork is generated and before you know it,, you fall behind and become a victim of your own success, I’m looking to develop new techniques and processes to updat...
Are lenders required to give you a pre-approval letter. I got a referral from my realtor for a local lender for pre-approval. I informed the lender I would be acquiring multiple "quotes" to compare so please provide a...