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BPers:I had some questions I was hoping to get some answers in the forums. Here is my situation:Goal: I'd like to refinance my primary residence into an FHA loan. I owe $182,00 and FMV=$225,000Challenges I'm facing: m...
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We are looking into forming a partnership with a lawyer instead of having to pay each time we need a new form or service. We are thinking of a short term joint venture that would be renewable based on a unanimous vot...
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Hi BP! I have a family friend who is supportive of me investing in real estate. This is such the case that they are willing to potentially manage the first property I purchase, which is looking like it'll be a SFR. I ...
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Hi,
I have a list of private lenders and I want to send out mailings to them requesting private financing. I have seen training provided by real estate gurus that also provide a list private lenders in the area. Sinc...
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Hey Everyone,I recently started my first flip in San Antonio, and I took out a hard money loan from Sherman Bridge. I qualified for their 90/10 plan which means the loan is for 90% of the property purchase price and r...
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On a couple of properties we are close to the 1% rule but they are good duplexes in great areas ($100-200 off to meet the 1% rule). And once the leases are up we will raise the rents. All our properties meet our goal ...
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I work on a college campus and it is cool/concerning sometimes the amount I hear people talking about wanting to get into real estate investing after college. I know people will always need housing and that it's a sma...
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I am reviewing our rental building insurance renewal and found an endorsement called Ordinance or Law Coverage. Do any of you know how to find out the ordinances or laws applicable in a particular locale in relation t...
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I have 2 condos as long term investments in the Orlando area, each worth about $75k. Does anyone have any advice on how to do a cash out refinance on non warrantable condos at such a small value? We are looking to con...
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I have 3 scenarios here. I know none are -exceptional- but in my area in Tampa, so much hedge fund big $$ has been spent on 3/2s that the prices have made it tough to get the deals. But when I run numbers on some of...