Fred Shandler
Non-refundable loan application fee?
After talking to a few banks, I've potentially found one that will do a 30k, 30 year mortgage for an investment property. But, they charge $325 non-refundable loan application fee. Is this normal/standard?
Josh Emory
Coming up on 2 years since I found BP and working on #25...
Well, I'm still a sleeper here. Don't post often, but continue to absorb knowledge from all the great podcasts and people I have met through BP. You can see my first story her, from a few months ago. https://www.b...
Joy Hardegree
Recent FHA Purchase of Duplex w/ Inherited Tenants
We just bought our very first property on Feb 24th with an FHA loan that requires us to take up residence in the property within 60 days and live there for at least a year. This property is a duplex with inherited ten...
Gabriel Miller
newbie to eviction looking for advice
Hey friends, I have a tenant that has not paid Oct rent and has not responded to my attempts to reach out in the last 4 days. Feels like they are avoiding me and I want to get my ducks in a row for an eviction. Do...
Edward Salazar
Orlando's Businessman diving into the Buy & Hold concept
My name is Edward, I live in Orlando, FL and would like to meet local investors that purchase Multifamily Units to buy and hold and/or Flips. My idea is to network and exchange ideas, where I can enrich my knowledge a...
Jeffrey Rubino
Ready to pull the trigger.......on a multi-family.
Interested in making an offer on a 2 family in Lowell, Massachusetts. I don't have too many details about the property just yet but it appears to be making money. I'm trying to get my ducks in a row as it relates to f...
Lance Pualani
Earnest money and proof of funds.
Quick question, lately I've been trying to put offers in on props that are on the MLS and the agent that I've been working with keeps insisting that I need earnest money and proof of funds. So I told him just to c...
Benjamin Dutil
Help with cash out refinancing
Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
John McKinnon
The first investment, how do you transition existing tenants?
The offer on our first investment property was accepted today, time to start thinking like a property manager! Its an older 3 unit property with tenants in the first two units and the third is partially remodeled/demo...
Jessica Swingle
Note Brokering Notes in Multiple States...Strategy?
Hey all,
A few questions re: note brokering in multiple states...
1. My ideal situation would be to build a long term note business (buying, selling & brokering) based in my home state of Ohio...how...