Why would a bank or anyone take a second mortgage? If things go bad wont the first lien holder get everything? The only thing I can think of is that the market value of the property hopefully increases past the ...
With the new Affordable Homes Act , come Feb 2nd 2025, you can build an ADU by-right and also use the ADU as a long-term rental in Massachusetts. Said differently, you won't need a special ADU permit to create an ADU....
Investment Info:
Single-family residence private money loan investment.
Purchase price: $125,000
Cash invested: $25,000
Sale price: $440,000
Blue Bay Capital made this purchase and renovation loa...
Hi -I'm looking for structure from those who have done this - provided (gap fund) funds for an investment (REO) where the initial funds were supplied by another investor. As the person supplying the "gap", so to speak...
Hello team, How is everyone doing? I recently bought an house in San Bernardino City and doing the rehab. This is a small house with 850 Sq footage ( 3 bed and 1 bath) and also a smaller lot of 5100 Sq Footage. While ...
Hey BP investors/landlords, first post on the forums, and looking to get some advice when it comes to ADUs in the Los Angeles area. I currently own a 2-unit property with a garage that I plan to convert into an ADU. D...
Hello, I have a house in Thousand Oaks, CA (Currently my main residence) and I plan on building a Junior ADU and a detached ADU. I already got the permits for the JADU and I'm about to finish construction. If all goes...
If I buy a small business that includes real estate, it is possible to assume the existing loan (at a lower rate), and finance the additional amount up to asking on a second position mortgage? I am talking about SBA l...
Hi there,
Long time listener, first time caller ;)
I'm located in coastal Southern California. I live in an HCOL area, walking distance to the beach. I have a $250k HELOC, which I had been planning on using to build...
I was recently talking to a graduate of one of the military academies who will be moving to the Denver/Aurora area at the end of this year. We were brainstorming house-hack ideas. We arrived at this as the hypothesis:...