I have the opportunity to purchase a 2b/2b 1300 sq. ft townhome for 200k. 5.5% interest rate and 25% down. Monthly payment is $1350 before vacancy and capex. There is an existing tenant who has been there for 5 years,...

i just joined BP the other day. Still reading "The Ultimate Guide". It's still a little confusing and overwhelming to me.Here are my thoughts. I have under 10k sitting in a savings. This is what I want to use to start...

I own a 2/1/1 that I bought and rented two years ago. When I bought it the 2/2/1 house next door was vacant. Nice shape, newer roof, and now that kids have broken in for me - I have gotten to see that it seems to...

The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...

Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the ...

According to RealtyTrac, in some major markets, over 50% of purchases were made in cash. Here's a look at the details:

Report: Half of all home purchases paid for with cash

What does this mean for t...

I have had a couple of discussions with a private lender and have a couple of questions to put to the group.The basics:The lender provides funds to cover the down payment and reserves for minor repairs on 2-4 unit pro...

Hi All,

I wanted to share my first flip story(I will try and keep it short) A success all in all and an even better learning experience.

I took a hiatus from the site while doing my flip just because I didn’t want ...

I have had partners in various business ventures and I really am a big believer in partnering

I have a General contractor (unlicensed in my state ) but licensed in hawaii

I have been working as his laborer on one ...