I wanted to see If i got this explanation right on this Hard Money Lender. I know people will have this question so here is a sample sheet I have.  For context this my first BRRR so thats why the rates are probably hi...

Hey BP, My wife and I are getting relocated to DC this summer and the only way we can get everything we want in the city is by performing a "live and flip". We're going to buy a fixer with a 203K construction loan and...

If your property appraisal comes in under the offer price, is that additional gap coverage treated as an acquisition fee or as equity in the property?  My closing statement has it categorized as "down payment" but I d...

HelloI may be closing on a 1400 square foot home and the owner needs to rent back for a couple of months.  She has equity in home and will be looking for larger home so no animosity(yet). I need as much info and insig...

Bank was asking $44,900.
ARV= $90k to $105k
Rehab=$25k to $28k
My offer= $39,800
Winning Bid=$54000.
Had to be a cash offer. House is not FHA ready.
This is about offer #14 that I have been blown out of the pond on s...

Hi BP! I'm new to the real estate world and am thinking that in addition to some of my savings, I'd like to use some equity from my primary residence to purchase an investment property.  I'm not a math whiz and it se...

Hey guys,I have a lead on a 3 bedroom, 1 bath single family house in a nice suburban area.  ARV is about $135,000 (conservatively).  The house was built in the 50's.  The biggest problem is a previous owner added an a...

Does anyone know if you can take a HELOC on a single family home that you own in your Solo 401k? And if so, who are some good lenders out there that offer this type of HELOC? Thank you!

Hello, we own and live in an 1150 SF single family on a 5200 sf lot with alley access in Encino. Looking to add about 700sf on to the main house, to include a primary suite. At the same time, adding a 650 SF 1br/1ba d...

Hi all,I'm considering offering my home FSBO and have a couple of questions to those with experience going that route.Is it helpful to offer an additional fee to potential buyer's agents (say $500 or $1000) to induce ...