Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
Hello BP Peeps! I'm a newbie to real estate investing and would appreciate any knowledge you can share. I bought a single family and duplex in the past few months and would like to apply for a Portfolio Loan: Cash-Out...
I have a 2nd toy car that I have a loan on, but am equitable in. A property came up just a few houses down from my current rental and I think I can buy it right, but I don't have the cash for the down payment at the m...
So....today I learned a couple of lessons.
#1. Those suggestions about handwritten letters being more successful than typed ones-Now Proven. Never responses in the past to typed letters so hubby and I did the...
Hi! BP friends,I'm located in New York, Queens area. I'm first time home buyer. I met with a seller who is willing to do 'subject to' to sell his 1.7 million 4 family house but we both don't exactly know how does it w...
I am looking at a non-performing note that the owner is in bankruptcy. What kind of pitfalls do I need to be mindful of? Where can I find a good resource on these types of transactions?Thanks in advance.
I'm going through the BP podcast and the topic of notes just came up, and I'm somewhat intrigued. I have so many questions (such as, conceptually speaking, how they even work), but I think the most important question ...
I have an RE Investor friend who has 30 years successful experience in Fix & Flips. She needs some additional rehab funding to finish a project. Details are below. She's waiting on my response or counteroffer. I...
Hey Everyone!I'll try to make this short but I have a dilemna on my hands.I would LOVE to flip houses for a living. I probably watch more HGTV than any other male 24 year old on the planet. With this in mind, I am loo...