Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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We are currently in the process of preparing to close on our 3rd Investment Property. Originally we planned to Fix/Flip/Sell houses in our farm area using all of our own cash. We are now looking into HMLs for Acquisit...

Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...

I am currently invested in a good number of long term rentals in Lubbock, TX, and have looked into the short term rental game.  What are the benefits (if any) to short term vs long term? It seems the monthly amount yo...

I'm working with an owner who is a few months behind on a property of hers, and does NOT want to do a short sale.

She seems negotiable with the price.

Any suggestions on locking it up with an option and flipping t...

a question was unanswered last night as i listened to the most recent pod cast on my nightly drive. the bank resell rules and how to get around them. i believe i know the answer. just buy the property under a LLC t...

For a newly purchases the property, what are the different steps involved in getting an STR permit in Joshua Tree/Yucca Vally area? How long does it usually take to get a permit and is it possible to do it during the ...

Hello BP Community,I'm looking for recommendations for a cash out refi in Chicago with seasoning period of less than a year.  Prefer to do 75% of ARV since the property has been fully renovated.  Thank you.

Hello, I have a HELOC on a property I have been renting out for a few months now. My bank said since it's no longer my primary residence, my withdraw period ended and I can only pay down and no longer have a LOC.  The...

Has anyone had experience with registering their rental property with ALE solutions as a temporary or short term rental for families displaced from their home for various insurance reasons. I work in hospitality and f...