Benjamin Seibert
Multifamily Loans and Refinancing
I am shopping around for refinancing on a duplex I own. However, after calling almost a dozen banks none will lend greater than 70% LTV other than a commercial loan. My only worry with a commercial loan is that its a ...
Stephanie D.
How to get over the fear of renting out?
So we've got an accepted offer on a nice small duplex. We need to meet all conditions by Friday and everything seems on track. We haven't had the inspection done yet because that would be the first money we have to sp...
Dino H.
Tenant Trying to Squat in Apartment
Hello,I help manage an apartment building for my parents in the (not-rent-controlled part of) San Francisco Bay Area.We gave a woman a six-month, end-of-lease notice (my parents were extra nice and gave her more than ...
Nick Smith
Cats.... so many cats!
I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
Rami Khaldi
My First Fix & Flip- Lessons Learned
Hey guys, I wanted to take a moment and share my very candid experience on the first ever REI project (Listed today) I've had as an investor. Im 28 years old and my interest started about a year ago where I seriously...
Cameron Moore
Replacement Cost Insurance Explained
Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
Patrick Reagan
The contract
As I learn more about wholesaling,what I would be more comfortable with is a contract where I can tell the seller straight up that I would like a certain amount of time to sell the property for a fee.If I cannot sell...
Kel S
Do you do lease/options? Thoughts on those?
How many of you have offered your properties on lease w/option to buy? What were the terms of that? Meaning did you charge X amount down up front and a lease term of X amount of time? After which point their down woul...
Terry Royce
Selling Notes
How does the note selling process work, and how do people asses an offer against a note?
Ludmila M.
What are your startup and operating costs?
Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...