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This is a ? that we have not really asked ourselves until now. Until now with 22 units its been finding great deals with awesome cash flow.Lately I have been listening to a lot of BP podcasts and it has me changing m...
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I own a few multifamilies and certainly understand valuing an existing building, or in this case business on NOI. My questions revolve around converting an existing building to Self Storage.How do you assess the marke...
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Hello BP family. I am so excited about this new chapter in my life. I believe I've found a new passion in real estate investing. Although I've yet to do any deals I am full of knowledge in various aspects of REI. I le...
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Looking to hear any and all seller finance stories revolving around you (the buyer) landing a seller finance deal, and all the steps it took to get you there. Did the deal land in your lap somehow or were you actively...
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hello,
what are the pros and cons of using a heloc on your primary home to purchase your first rental investment. Wondering if it's a good strategy. Or a horrible decision.
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Hey everybody,My question concerns what to do with paid off credit cards. I am within 24 hours, most likely, of consolidating some very high interest credit card debt I acquired several years ago for, of all things, g...
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I want to have all my ducks lined up in a row when I get back from this deployment in Iraq in 10 months to start flipping homes. Right now I have 740 FICO score. I only have 1 credit card with Chase and that is at $35...
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I have a first mortgage on my house and I'm looking to pull money out with a second mortgage through a HELOC to buy property. Does anyone know of a good lender that provides HELOC's without a principle pay down requir...
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I meet a lot of people who think 2-3 rental properties are going to be their ticket to getting "rich" or "retiring early". In my experience and through talking to dozens of other investors, usually that's just not the...
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A huge misconception people have is that they have 1 credit score, or that they even have 3 credit scores. The credit scores that lenders use are from the Fair Isaac Corporation, FICO. Any scores attained from other...