Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...

Hello! I am in the process of purchasing my first rental in North Seattle. It is a 6 unit multifamily house that was built in the 80's and needs some serious work, likely needing a full siding replacement along with m...

Hello everyone at BP,Im a soccer player that has been interested in real estate investing for as long as i can remember.  Ive been reading a lot of articles and forums during my travels.  Im very excited with the pote...

Has anyone done an extension on an open ended loan?  I am familiar with the concept, but not so much with the nuts and bolts of how to get it done.  I believe there needs to be a new note and security instrument.  Not...

Hi Guys,How do underwriters calculate a HELOC on the DTI calculation during a 10-yr draw period?1) Do they include the actual Interest-Only payment reported on the Credit Report?2) Or do they term out/fully amortize t...

Hello,

I myself invest into a fund and have my own investors (that are not shareholders in my company) and want to know the options for protecting every individuals interest in case the lead (or only manager) faces u...

For those of you that know or follow me you know that I am not a fan of vacation rentals in the state of Florida for a multitude of reasons. I have owned Vacation Rentals and my company managed about 20 and the experi...

I think I use to know what the classification of class A, B and C apartments meant but recently that knowledge has been challenged so here is my question.
Could this very from market to market or even investor to inve...

So I've built this excel document that does rough calculations of 2% test, Cap Rate and CoCROI and while I'm pulling most of the numbers from sources I can find (realizing they are not exact, but in the ballpark), the...

So I know this has happened to a billion people and I has happened to me more than once.... Long Story Short:So I'm buying a property and I have taken care of everything for the lender days after contract. However a w...