What are some of things we should look out for when looking for a private money or hard money lender? I am currently looking for one to use in the future . Also, has anyone had experience with a gap funder?
Hey everyone,After a long period dedicated to research (and possibly a case of analysis paralysis), I’ve built up enough confidence where I’m “comfortable” pulling the trigger on my first real estate investment deal. ...
Should you starting out purchase properties under your LLC name or your personal name when purchasing multifamily? For this posts purposes lets say 3 or more units.Would it be better to purchase under your personal na...
Knowing how to get a mortgage is a crucial step in your journey to buy a rental property. Of course, the money side of things can be intimidating. How do you find a lender? What type of mortgage do you need? When shou...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $45,000
Cash invested: $52,000
Sale price: $66,000
Bought single fam with tenant in place from the investing co...
Good day BP family.Background:-1.Seller has committed to sell house to company for $70,000.2.House appraised for $135,0003. Seller failed to get a mortgage, no income. Delivery driver income loss because of car failur...
I completed a flip a few of weeks ago (central NJ) and put it on the market. There were a few showings and then when the meltdown begun there were no showings at all. I decided to pause the listings so the DOM will pa...
Hi BP Fam,I am looking to step up to the next level beyond 2-4 units and dabble in the 5+, which means I can't go conventional or even hard money. What options are there? I've been reading up on Commercial Real Estate...
I have a friend that called me yesterday. He was looking for advise. He has been watching me purchase and rent properties and he wants to get in the game. He makes decent money (He is a part time college student and w...
I have a condo I purchased at auction back in '07 for $99k, 6.8% mortgage with lender paid pmi. I now owe $75k, on it and rent it out for around $1k. I've been unable to refi due to the lender paid pmi. My monthly c...