As a new investor, how would one go about proving to a lender that high interest isn’t necessary?
Credit: very bad
Capital: $0 * creative financing(seller financing) & loan fees wrapped in loan *
I have a busine...
I am closing on my first rehab/flip next week and was planning on just calling the same insurance agent/Co. I use for my own home, cars, etc. Is this normal? Should I be looking for an Insurance Co. that specializes...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Albuquerque.
Purchase price: $475,000
Cash invested: $118,000
multi-family buy & hold investment in Albuquerque.
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Does anyone know of a hard money lender that will do 100%? I am actually looking to do a no money down flip. I dont have the large amount of capital to invest. This would be my 1st deal. I see on all the hard money si...
Seller has an Oil Tank on property and wants me to know he doesn't have the money to move it. He is offering me a $5k credit on the deal of which I am already paying a bit more than I wanted to for a buy and hold in I...
I'm curious if anyone has had a good experience buying a home warranty plan for multifamily properties. I have recently picked up a fourplex and triplex with some deferred maintenance from the previous owners. The ...
Hi everyone, first time poster here. I’ve been listening to the podcasts for a while now, but just recently joined up here on BP. I’m active duty military originally from Alabama, currently living in Maryland. I’m abo...
I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
Hello Short term rental property owners,What risks insurance companies see when they have to insure short term rental (STR) properties? I am in the process of buying one. When I approached my insurance agent, they wer...
Greetings BP'ers,
As I am ready to purchase my first rental property this year, I am wondering about leveraging debt to buy homes. I am a regular Dave Ramsey listener. He always talks about avoiding debt leveraging t...