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Thinking about trying out my first BRRR in St. Louis after purchasing some multi family with standard conventional loans to try and make my capital go a further. I've talked to a few local banks and a regional one abo...
Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.
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I'm a wholesaler in Boston and I came across a deal with a possible title issue.
Homeowner has a property with a 40K tax lien on it. Title is shared with her 11 year old son (through probate?). Tax lien about to be f...
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I want to share our recent land lording experience.
Me and my partner acquired a quadplex and have decided to manage the tenants. For one of the empty unit, we have screened the tenant (background check came with no ...
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Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
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Hello,
I am new to the entire refi process and looking for some direction here:
I purchased a foreclosed property 2 months ago using hard money and close to finishing the renovation. Since i put 20% down, i am hopin...
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I'm pass my DD period and im okay with that. I am fine with having to lose my dd and earnest money. That's the cost of wanting to invest in real estate. My agent sent the termination paperwork and called the agent but...
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So today I purchased a home and paid for that home off of a heloc I had on my personal residents so basically in banks eyes I wrote a check for the new home the seller wanted to do a quick close and didn’t want to los...
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Hello Everyone,
I need some advice. I was just preapproved for a FHA or Conventional Mortgage through BOA. The mortgage amount is 130k and up to 275k. The bank rep told me I needed to show proof funds in the amount o...
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Since Dwolla is transitioning to an api and not a service, I'm looking at using cozy instead. With Dwolla, I've conditioned my tenants to expect a request on the 24th and usually all of them will begin the payment wi...