Hi, so I am now after a few years in a position of having a lot of equity in pretty many props I own. My question for the group is HOW to get access to this equity without refinancing the props, banks seem to only lik...
Sold a rental to a long term renter. He has lived there 15 years. Where is the best place to get a fill in the blanks generic purchase agreement form???
And what other forms/disclosures are required these days?? S...
Hi all,I'm not sure if this is the forum to ask this question but I'll proceed. I was contacted by a friend of mine who wanted to include me on a 20% return on a cash quick loan done thru a promissory note. So this is...
I am researching private lending options for my business and the thought dawned on me that these types of transactions are typically individual to individual. What sort of due diligence can/should I do on the lender t...
Hey guys! So I'm about to start getting in touch with a realtor so I can start looking for a property to begin renting. I live in MA but I've heard horror stories about renting in my home state. I've heard NH is more ...
A lot of listings of REOs come from RE agents or companies that send a list of them to you for a nominal fee. My question is if I call a local bank and ask for a list of their REOs, do they or will they furnish me wit...
I have a 3 unit rental property in Highlands, TX, just outside of Houston. I've had some issues with the plumbing backing up and have had the sewer line snaked a few times. It now looks like a portion of the sewer lin...
Hello BP family. I could use some insight. I made an offer on a SFR. The agent replied to my offer with a counter by email saying that the owner was elderly and out of town, but when she was back he could have her sig...
We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...
This is a basic question that I have been curious about, let's say you purchase your first rehab with a loan from the bank for $200,000 and you sell the rehab for $250,000. Now would you pay the bank loan off right aw...