I was initially trying to invest in locations within 1-2 hours driving distance of where I live in Northern VA, but then it occurred to me that that's a very limiting approach.  But how do I invest out of state?  How ...

Seems challenging getting a real estate agent to provide comps for my property. 1st agent: lsit for $650k, 2nd agent: list for $680k, 3rd agent: list for $750k, and asked "would I consider getting an appraisal". (some...

Hello BP, so I am beginning my journey in becoming a real estate agent. However my hold up at the moment is what brokerage should I begin to apply to? Can someone give me some insight or pros and cons when it comes t...

As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...

I own small commercial multifamily B class property that is being surrounded by newly built rental apartments in Lawrenceville in a prime location.  I am trying to decide whether to sell or hold on. We bought it 2 yea...

Hi BP community, Im living a real life real estate nightmare on my first flip. So I just recently finished my first flip with my general contractor who i know personally from him remodeling my own personal residence, ...

I Became interesedt in a free seminar under David Lindahl group in multifamily apartments...so I am still a student; I have not attended his 3-day workshop in August 2016. I did set up an LLC to start joint ventures t...

HUD Home Q&A

What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...

I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...

Greetings BP Community! Question

Background-

I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...