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I just learned from my mortgage broker that I need a "settlement statement" in order to qualify for a cash out refinance on a property I am considering purchasing & rehabbing. In this settlement, I was told I need...
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Good morning all, i have been learning numbers and im finally understanding a possible good deal. Would like some insight as to if im correct or on to a good start with where i am at. Thanks in advance! Mock example d...
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Hi BP community, I've been tracking a property in my mom's neighborhood that would be an ok rental, but much better as a flip. The property has been sat vacant for 3-4 years. I found out it went into pre-foreclosure a...
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Can anyone recommend any good Turn Key providers or Wholesalers in Orlando / Kissimmee area?
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Hey BP. Finally have my first rental property listed and found some great prospective tenants. Im working on the lease now and am having trouble with the wording for making a month to month lease. I currently have 4 l...
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Hey everyone, getting my new short term and mid term rentals set up, and curious what everyone uses for managing direct bookings with lease agreements and payments. Have signed up for both houfy & avail, but not s...
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I am a bit confused, why we constantly get phone calls on our business line and when we answer nobody’s there. What purpose does it serve a company to call people and not have some sort of system in place once they an...
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Hi All,I'm considering a HELOC to help with a small portion of a down payment on a property. However, if I do move forward and take out a HELOC and then turnaround a week later and apply for a mortgage loan, won't I g...
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Good Morning,I was doing some reading last night on various ways to get financing for properties ,a nd I came across a comparison of Getting a bank Loan vs a MortgageIt seems that a Bank Loan is the preferred method f...
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I purchased a 2 unit duplex (2 bed, 1 bath each) last October. Previous to my purchase/upgrades, rents were $650/$750 split top and bottom including utilities, they are now $905/(N/A). Completed many renovations in th...