Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Hey looking for a mortgage broker who knows the deal when it comes to REI, creative financing, the work arounds on how to avoid the traditional 20-25% down and any other loop holes there may be out there.I'm trying to...
I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
Hey everyone! I'm currently in the process of purchasing my first 4 unit multifamily property in Chicago. I want to make sure the numbers I have in my pro forma are as accurate as possible before moving forward. I h...
Wondering if I can place luxury vinyl plank flooring right over existing ceramic tile without having to level the grout lines. The grout lines themselves are not much deeper than the top of the ceramic tile(See pictur...
What did you all do before you started investing? What jobs did you have so you could raise the funds for a downpayment and such. I am 15, i want to own rental properties and am wondering what i could do to raise the ...
Investment Info:
Single-family residence buy & hold investment in Durham.
Purchase price: $185,000
Cash invested: $3,000
This is a buy & hold "house hack" that I will be living in while also ...
Lots of posts and threads on here as well as PMs asking: Where is the best place to invest? Well. here is the answer, if you're looking for long term. You need to buy where people want to live! How difficult is that? ...