Buddy Holmes
Line of Credit Note wording
I have an investor that wants a line of credit type note. He would like a fixed rate, 30 yr amortization when using funds.That is fine but i would like some compensation when it is not drawn due to tying up the use of...
Sam Li
How much info can you request from tenant screening?
Hi, folks,
We're doing some tenants screening with Zillow while its content seems to be not sufficient, especially for tenants with less than 650 credit score which we may want more info. Is that normal to ask tenant...
Valerie Morgan
Don’t quit your day dream!
Hello everyone! My name is Valerie, I’m 27 and I’ve never been a homeowner. I thought why not buy a duplex of some sort and live in it while I rent it out? I’ve been listening to podcast and videos to gather more info...
David G Vreeland
Good Versus Bad Debt (% and Type)
I am trying to identify what should be considered good debt versus bad debt. I gave my specific situation below and would appreciate thoughts and tips on my current situation and at what interest rate borrowing funds...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
Korbin Smoot
Direct Mail
Hey, I'm Korbin Smoot. I'm looking to get into direct mail so I can begin wholesaling and also being an agent in good fix and flip and multi family unit transactions. I was wondering what the response rate was for tho...
Stacy P.
Need Ideas for Financing an STR
Hi there! I have an opportunity to buy a STR (my 2nd) that I do not want to pass up. From my experience with my current STR, I am more than confident that I cannot pass up this deal but I'm struggling with figuring ou...
David Smith
MOTEL bank financing?
around 60 units in Midwest. current 50% occupancy --- gross income: $500K expenses: $210K -- price around $750KIs it an OK deal?For buyer, what type and term of loan to get ? how much down payment needed? 25%?
Karolina Powell
In areas of low appreciation, what financial analysis figures are your minimums?
I'm south of Pittsburgh and investing here in Washington county in SFH for LTRs. The area does not appreciate well so I have to make sure my financials make sense. When analyzing deals in a low appreciating area, wh...
Nate Wilson
Property Analysis Manchester NH
What does everyone think of this property? it is a 7-unit located in Manchester, NH and is kind of in the ghetto. It is fully occupied; tenant pays the utilities other than two of the units. Two units do need to be re...