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Hello! BP family need help on flip deal numbers. I'm going through a hard money lender. The purchase price of the property is at 55,000$.Cost of repairs Max 25,000(I always go with higher numbers could go way lower) A...
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BPReceived an email from the lender that gave me a conventional loan (4.5% rate) on a two family. Basically said "rates have dropped, and we should talk"- I have a call with them tomorrow. What is the advantage for ...
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Hello BP!I am considering refinancing my SFH that I have been renting for the last 3 years. Below I have listed the current numbers and the refi numbers based on a concervative value of 105k. My problem is that I a...
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How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account? What has been the easiest.
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Has anyone had any experience with AirBnb rentals? particularly unique listings? what are some things you wish you knew before you started doing Air Bnb?
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Any guidance on where I should start? What is the easiest route? House hack? or flip? I plan to use someone else's funds to acquire the property. Any advice would be greatly appreciated. Thanks!
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Hello everyone. Today I met with a real estate attorney/ title company to build my team. Ask about drafting contracts and to do that would cost $250/hr. That's when in my head I said, s*@t another road block. I keep...
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I'm still new to this. Can someone thoroughly explain these terms?
65% ltv max of the PP due to fico & 4 Plex, 40/3, 10.99-11.99% (will firm up upon receipt of the appraisal) , 6 mos pp, 2 points &...
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Anyone own a credit repair agency? I'm asking b/c so many people I know need this service. I'm actually thinking about starting an agency to help people.
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Hello BP!
I have been browsing the forums and researching about a year now. IT IS TIME TO GET THIS FIRST DEAL DONE! I plan to get a deal within 90 days.
First step securing financing. I plan to house hack my first d...