Where do newbies have the best luck cutting teeth with private lenders? I have a great deal, great credit, 80% cash down, and would like to shop options. I have one lender, but would like to shop for comparison. It wi...
We put an offer in on our first deal this morning! We have a possible private lender that we are going to present the deal to. What are some of the typical terms and rates you suggest using when presenting this deal? ...
Would anyone know about Upper Kensington in Pennsylvania?. Is it being gentrified now, or is it really bad?. The advantage is, it is close to big institutions such as an hospital, a university but at the same ...
I was listening to a podcast and the guest was saying you can't get a loan for a property for an LLC. So my question is, how do you purchase a property if there are more than two parties involved for an investment? My...
Hello BP community, I've been listening to BP podcasts and checking in on the forums for a little while now, trying to soak up as much as I could. I recently found a great partner to start investing with and we are cu...
My husband and I are looking to expand into the multifamily (5+ units) realm of investing utilizing the BRRRR strategy. Has anyone successfully used a fix and flip loan then refinanced into a long term loan? We've sea...
Hi Everyone, How would I capture seller financing in the BP rental property calculator? What are the typical terms (i.e. % down, interest rate, closing costs, are points usually paid)? I'm trying to figure out how I w...
Hi BP Community!
I recently found an incredible off-market deal on a farm that I'd like to move to and run. I'm wondering what the best way to buy the farm will be:
A: Through my company (which will be a vertical ...
I’ve found someone in my network interested in being a private money lender towards my deals (SFH flips). What all should we discuss regarding terms? Some of the basic items I have are…Pay on debt or equity in propert...
Hello BP Fam,I am an investor in MD and I have a question about a different strategy that I would like to try. I currently own 3 rental homes in MD but i purchased them with conventional financing. My new strategy wou...