Hi BP, I've got a personal question. My folks are giving us(my family) their big house in exchange for us building them a small living quarters. It'll cost $100k+/- to build. We have that saved in cash. Do we pay for ...
Hello BP Community, I am looking to purchase my 1st investment House-hack multifamily property this year in Q3-4. I justed wanted to know if it makes sense to take out a business credit card for my business ? Apprecia...
I purchased a duplex in the Philadelphia area two years ago now and I want to start looking into my next property but I'm having a hard time trying to figure out how to get the funds. I was thinking to get an LLC and ...
Hi Guys!New pro member here! This is my first post!I am gearing up to close on another deal, this time using private lenders to provide a large portion of the down payment. I have a few basic questions I would appre...
Has anyone heard about this? Does it work?
I just bought my first house 2 months ago. 750sq ft 1bedroom (layout makes it 2bedroom) in Union City, NJ, 145k, put 30k down, 30yr mortgage for 3.5% rented room for $800/m, total cost PITI+maintenance is $1100. Its m...
Hi, I'm new to the sub to world. I have a friend that is willing to sub to. He owes 220,000 and could sell for about 410,000.Every sub to deal example I find does not have this much equity. He's at a 3.2% interest rat...
I recently acquired $100k HELOC.
My question is do I have to transfer funds to my checking/ savings account and let it "season" for 60 days before using it for down payment/closing costs for the purpose of getting a...
Has anyone worked with "Do Hard Money" before? They claim 100% financing on fix & flips with no monthly payments. You do have to pay $3,595 for access to their program/website tools but after your first deal they ...
Hello fellow investors,
I've been working hard for years to get to this point! I've got a nice down-payment an ACTUAL approval and basically my ducks in a row to start my first investment. My new problem are these ...