I've grown a little tired of wholesaling and I'm ready to give rehabbing a try. I have a 3bed/2bath brick ranch in a good area under contract and am set to close soon. I got it at 70k, ARV is around 155k -- will be ...
Hello BP family!
I was looking into getting my realtor's license in NC and found that it is a broker-only state. I was primarily just wanting the license to get MLS access, but upon what I've read, I don't know if it...
Hi, everyone! I'd like to start a very important discussion about rentals for disabled and after a brief research (at least 3 appropriate properties among more than 200+ available), I've realized that somehow there i...
Hi Everyone! I'm Vinay, a relatively amateur real estate investor. I have bought, rented, and sold a couple residential properties in and around San Francisco Bay Area, CA, and currently own a few residential propert...
"I got a 6.125% rate on my house because of my expert negotiating skills"
"Oh wow! I need to get like you and also get a 6.125%. How'd you do it Mr. Smart Guy?"
When you are on a never-ending quest to find the lowes...
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Is it typical for lenders to allow 75% of rental income on your previous property to help you qualify for your next property? Would love to hear your experience with lenders and scaling your portfolio with the right o...
I have four six-families, i.e. 24 units in total, that are each held under a separate commercial note, all approximately 18 months old. The notes have a pre-payment penalty within the first five years. All properties ...
Hi all,I am new to REOs. I read up some, did some digging and found a few REO properties for sale. From what I'm putting together, once the banks acquires the property they take 6-7 months to clean it out and put it u...
So if you guys don’t know who I am, I’m Patrick Knapp. I’m a full time investor and builder in the Raleigh area. I hear time and time again how there is no way to cash flow in today’s market. If you take a look at it ...