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I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
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I am basically reposting about my challenge getting my tenant buyers "pre qualified" for my Rent to Own program. I am working with a very competent mortgage broker but one who may be requiring too much information t...
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I'd first like to note that I am not yet a landlord, but looking to buy a property to rent out before the end of the year.I have some questions on how you handle your vacancy/maintenance/capex reserves? For example, ...
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I just received my loan estimate for a $630k mortgage. However, the title-related costs were shocking. This is my first jumbo loan, so I'm not sure if this is normal or not. Below are the items and their costs, do ...
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Hi! I'm writing up my business plan and need guidance on conflict resolution. Specifically, at what price point do you say "principle and righteousness aren't worth it?" I know it seems a weird question as well as pe...
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Hi All, I recently refinanced my primary and looking back, I should have taken some cash out while doing so (the refinance closed at 2.625% just over 2 months ago). I've been thinking about taking out a home equity lo...
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I keep coming across posters asking for advice on how to “scale” their investment or business activities. What they’re missing is that they first need to ask “Is my business / investment process scalable? Here’s, th...
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Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...
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Hey Everyone! I am newer to BP and this is my first post in a forum.
I've been wanting to get into investing for a while now, however, I have never had the capital to do so. I have about $12k to start with, so I am...
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If you could go back to when you first started getting into real estate with the knowledge you have now. What would you do differently? What things have you learned over the years of being in real estate and investing?