Matthew John
Having Trouble Understanding how to Scale using Private Money
Hey guys, Over the past month I've purchased 2 properties, one SFH for me to live in and one Duplex where I can rent out both units. I financed both properties through Chase. The SFH I had to had my mother cosign sinc...
Alex Pelin
POLL: Rent delinquencies, January 2021.
Approximately $9.75B in rent payments were late or unpaid in the US multifamily sector, this month.
What's the percentage of your units that are late/didn't pay rent this month?
Examples:- less than 15%- 10%-25%- 25...
David Walton
Investing security deposits
Hey BP folks! Curious about potentially investing some of our tenant security deposits in CD's. Was thinking of taking about half of the deposits we currently have and doing some short term (12-24 month) CD's as a rev...
Janelle Groenhout
How and Why we bought our first Rental Property- Long Version
You could say that Real Estate is in both my husband and my DNA yet in two different ways;Growing up my parents not only built their own home (including falling the trees and milling the lumber themselves) but also fl...
Jennifer Clancy
My story
Hello! My name is Jennifer Clancy and this is my newbie story. My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it. We did not want to pay a mortg...
Jacob Beg
MD Trustee foreclosure and Title Insurance -Dilemma
Hi All-
Generally, I stay away from purchasing condos at trustee auctions. I purchased one recently and it appears to have 25K worth of past due condo fee. There was a junior condo lien recorded against the property ...
Steve Cook
First Investment Property Evaluation
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Jimmy Lin
Cash out refinance for LLC owned property
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
Rick Turman
20% part of Holding
BP Family,I have a question that has been killing me. It may be dumb, however I need to have a warm and fuzzy as I am unclear how to calculate this and am loosing sleep. I've had an 80/20 Construction loan for a pre...