Sam Abraham
Weathering the possible recession
A lot of talk and headlines of a looming recession is floating around so I was wondering if anyone had some tips on how to be prepared to handle one. I am not too worried about the value of real estate going down, at ...
Martin Cozzi
Loan options for secondary house.
Hi,I am under contract for a secondary residence and have been given the current options:4.625% .5% discount point. Lender fees are $995 commitment fee (underwriting), $895 processing, $500 appraisal.4.75% no points. ...
James DuBois
Buying Home Before Paying Off Student Loans?
Hey, I was wondering, I'm in the process of 0 balancing all of my credit cards. The only debt I will have after that is about $8500 in student loans(DIRECT UNSUB STAFFORD LOAN), its 3 loans but the highest interest ra...
Nav Singh
Buying privately and putting it into an LLC
First post (yay!). Hi BP family,I am a newbie investor and hope to find success like many of you on this forum. I already bought my first property (all-cash) about 2 weeks ago and have lined up my second one. The thi...
Navroze Pirza
Tenant Not Paying Rent and Hiding Behind COVID-19
Hello everyone,I'm facing a problem, which I was hoping to get feedback on....
I have a tenant who is refusing to pay any rent (not even partial rent), since April 1, 2020 due to COVID-19. He is receiving CERB, but s...
Account Closed
Continue investing when people is leaving?
I'm already investing successfully with positive cash flow in Real Estate with no vacancy rate in all my properties, but I have a concern, people are leaving this island (Puerto Rico, the Detroit of the Caribbean) ...
Matt OConnor
Georgia LLC Lender Suggestions
Hi all, I've tried the featured BP hard money lenders, and a few others - some that were viable previously have actually stopped lending to LLCs specifically during the covid19 pandemic.I'm looking for recommendations...
Joseph Young
Retail and Billboard Real Estate Evaluation
Hello all, I currently own a business in which I lease a free standing building on .8 acres/2,200 sq building. Also on the property is a billboard owned by one of the major advertising companies. The landlord came to ...
Matt Gregory
HELOC or Cash Out Refinance?
I am currently moving out of my primary house into another. I am going to rent my current house and after 3 years of owning the appraised value has gone up 100k. What is the most cost effective way to use my equity as...
Tim Watcke
Hard Money Lenders and TRID implementation?
Hello- this question is for hard money lenders. What challenges are you anticipating on Oct 3 this year when TRID is supposed to be implemented? Based on my research, it looks like HMLs doing more than 5 loans a year...