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Hey BP,I recently purchased a small vacant lot in Philadelphia. I am now considering building a triplex (3 unit) on the lot, so I would need a loan for the construction costs. For any lenders or experienced builders o...
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This is my first purchase. It's awesome and has been a ton of work and investment so far. So here is the question... Should I refi in 4 months (or pull out the rest of the equity with a second) to pay off most or al...
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Hi I am talking to property management companies to manage a property I own in central florida. One of them had a clause in their agreement that they get to keep the late fees. I thought that was pretty weird since th...
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I am dealing with this local property management company for the first time; everything looked great until my tenant stated paying rent five to ten days late every month. The tenant then pays the rent but nothing ext...
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I am setting up a intra-family loan (1st position mortgage) and we would like to use a loan servicing company to collect the payments for credit reporting purposes.
Can anyone share what we should expect the ...
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I want to buy at 70% of ARV with hard money and wholesale it.
REO Property
ARV is $107,000
Purchase Price is $65,000
$15,000 in repairs
ARV - re...
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Happy Sunday BP community! I am currently working towards my first small, multi-family investment (5-10 units) and would like to use a Self-Directed IRA for this first property. As I compare fee schedules between se...
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807 Dunkirk Ln., Arlington, TX 760173 Beda, 2 Baths1,856 sqftSold for $116k in 2013.Preface: In trying to develop a prospectus of sorts to present to lenders and other investors as I develop my business, I chose a sol...
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I continue to want to do flips of my own, but finding investor friendly agents has been a bit challenging for me, and based on what I've learned over the months, I should be making triple the number of offers I've bee...