Timothy Casallas
Is anyone else having a hard time working with lenders recently?
Hey everyone,I am running into an issue I never had before. I used to contact lenders and they would call me back nonstop looking to do business. Recently (last 3 months), I've been through 4 lenders that barely commu...
Nicholas Patrick
Something wrong with property? A few questions inside.
Never purchased real estate before. If a multi-family deal has been on the market for over 20 days is it safe to say that it's not really a deal?Should it be a red flag that the person is selling even though the build...
Donna Pattani
Bank owned abandoned house, bank hangs up on me
There is a house very close to my primary that has been an eyesore for 10+ years.There has been no sign of life fro over 1 year.It was granted to Newrez/Shellpoint over 1 year ago.I want to buy it. Called Newrez and t...
Daniel Imahiyerobo
Whats Good With Charlotte
I have heard many people speak positively about the real estate investment market in Charlotte North Carolina. I am aware that many people leaving NY and other expensive cities int he north have found Charlotte as a t...
Maryann L.
Average closing costs?
If you bought a property for $150,000 that you were going to double close and sell for $180,000 can you guys give me an example of typical closing costs? For both transactions?
6% realtor fee (we pay 2% on the buy an...
Klavish Faraj
interest rates on brrrr
I bought a home with 2.3% interest rate that needs about 50k in rehab. Refinancing right now would give me my 50k back, and more, but with rising interest rates would this be smart? Rates in Nashville are averaging ar...
Adam Fiegen
How did you finance your second rental?
Hi all! I recently joined BP and this is my first post. My wife and I are super excited to get going on our REI journey!Our plan and motivation is nothing new. We want to primarily buy and hold rental property to repl...
Jeffrey M Homans
Sinkhole
Has anybody had experience with a sinkhole on a property?I recently bought a tax deed to a home that has a sinkhole that formed in 2008 and has apparently not affected the structural integrity of the home. The home wa...
Obdia Whitmore
Need help or advice on my Cash-out-refi
Hi BP family,I have an issue that I need some advice and possibly help on. I recently rehabbed a three unit in Chicago.My plan was to do the BRRRR method, but my credit score dropped tremendously due to me using my cr...
David M.
How to incentivize my PM?
Hi guys,I own a real estate company that manages around 150 Airbnbs around the US. I'm hiring a new head of operations and I want to incentivize them to be excited when we add new properties to the portfolio. What wou...