My current rentals are all SFH with only one of them having a mortgage.  MY plan was to continue with SFH until I stumbled across a 14 until (7 duplexes) for sale that looks promising.  But that's the sticky point, it...

I found my first deal, and everything looked good. All the numbers worked out the way I wanted. We got pre-approved for financing, and our offer was accepted. We paid for the inspection, and it turned out well. Last n...

Hello BP Fam!
I'm currently under contract with my first investment property. It's a 2/1, 1596sq ft, .88 acre. It has a 1200 sq ft. detached garage with electrical and HVAC already installed. Future plans is to conv...

I'm talking with North Coast Commercial Group about a commercial loan in the Cleveland area.  Has anyone here on BP done business with them in the past?  It would be great to hear about your experience and if you woul...

I'd like to say hello to everyone and would like to extend my appreciation to all the posters. I have learned a great deal by reading this forum for the past few weeks. I actually came upon it while browsing other rea...

Details:Property is a Duplex in Wisconsin, each unit is a 2 bed 1 bathAsking price $48K, would be paying cashComparable rents in the area in similar duplexes via rentometer and craigslist: $700-800/monthCosts consider...

I'm an out of state investor and I have 2 rentals in DFW.  In 2022, I'm looking to do a cashout refinance.  I purchased one with cash and the other with my HELOC.  Since it's my first time doing a cashout refinance, a...

Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...

Hey there. I’m in the process of getting approved for a loan to buy my first property. I was really hoping to buy a small multi-family property to start with. I was talking to my lender about options today and they to...

I've agreed on a price with the owner of 3 different properties for an off market deal - one 8-unit apartment building, 3 duplexes on a single lot and 1 duplex on another lot.  I haven't given him the official offer t...