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What are best type of loans to seek when trying to acquire more properties for buy and hold or maybe quick wholesale flips? I have a free and clear rental that I pulled a heloc in the amount of 18,500 I owe 7k on...
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Hello Ladies and Gentlemen, Long time reader that finally signed up! ha! I hope to become an active part of BP and share knowledge to help others as many of you have! I am working on starting something within my loc...
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BP friends, Forgive my ignorance on bank financing and how financial institutions calculate debt to income but I am seeking a few answers. I am in the process of getting Pre-Approval for the Fannie Mae Homestyle Renov...
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Rental property owners often focus on cash flow, and for good reason. After all, if the money isn’t coming in, it is hard to justify keeping the property in the portfolio. At a very high level, cash flow is what’s lef...
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One of my tenants contracted COVID-19 virus and contacted the property manager. It's an unfortunate situation, but I'm seeking some advice on how to proceed. The tenant is located in Baltimore City and there are some ...
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BP,I've been lurking around for a fair amount of time and the material I've taken in here has helped me to where I am now. I purchased my first home in late 2018, and have been "house hacking" since day one. Never mis...
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I have recently started my journey in real estate investment. My plan is to use creative financing to build a portfolio of BRRRR properties. What methods do you find work best to find motivated sellers?
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I live in Brooklyn, NY and prices here are high. I’ve been looking in NY and also in Miami, FL but I’m still debating if I should get an 1BR apartment (Condo) or a single family house. Any suggestions? I have 50K save...
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Let’s say If i have to Put 20-50% down on a Subject to Deal do PML will lend? I’m thinking not because there is a Already a Primary Lien( Mortgage). can one Property have Multiple Liens? like if the property is Worth ...
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I know that you can do subject to deals with residential homes and conventional financing, but is it possible to purchase a large apartment building subject to the existing commercial loan or do the lenders typically ...