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I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...
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I am on my 4 SFR flip. So I have just enough experience to think I know more than I do. We are repainting the existing kitchen cabinets. According to the painter he has put 4 coats of primer and 2 coasts of paint (whi...
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An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
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I need some advice. Do I foot the bill? Do I bill tenant for the cost or half the cost? Here is what happened...I send out a 24/7 plumber on from a large reputable company on Friday after tenant calls. I reminded my t...
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A while back, I read that you can get a 15% or so discount at Lowe's if you go talk to someone at a particular desk at the store.
Anyone know what I'm talking about?
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Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?
Let's start with a question to the seller, why do you want to be the bank?
Your due diligence about the...
Hey BP,
I was recently listening to the awesome interview that's in the BP blog that @Douglas Dowell did with securities attorney and syndicator Gene Trowbridge. It was full of some great i...
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Hello, I am new to the forum but not exactly new to landlording or rental houses. I have been a "part time" landlord for the last 8 years and have 3 rental houses. This started as supplemental income and I've learned ...
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Due to injury the "wife" (unmarried couple) was out of work for 3 weeks. The "husband" just emailed me. Injury occurred 3 weeks ago but they didnt inform me about paying late. They write. "We will be depositing as muc...
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Hi BP - looking for some advice because I am in a sensitive situation. Basically, I violated the age old rule of rooming with friends. I put goodwill and faith that everything will work out and be OK... not. Long stor...