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We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
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Can BP experts educate me on PPI policy ?How does this work ? Who does this protect ?How the premium is calculated ?I am trying to work with private lender and he needs me to buy PPI policy, before funding.Is this nor...
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So my first oppportunity to make a HML fell through as the buyer lost the house to a higher bidder at the last moment. Here is another loan request I received:
Amount of Loan: $100k
Buyer Cash-in: $38k
Property Purc...
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Is a massive real estate crash on the horizon? Experts are divided, but what do you think—are there warning signs suggesting caution for potential buyers and investors?
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Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
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I have been seeing a lot of people starting to talk about rates coming down and prices shooting up.Is this what 2024 and 2025 will look like?I am very worried about affordable housing and what is going to happen if su...
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There are so many new operators in the STR field now, and the questions about certain things are mind-boggling. STR is a hospitality business first, and a for-profit business second (if you want to succeed). Your gues...
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Looking at purchasing a duplex in Milwaukee. I live in Denver and would definitely need property management. It's not in a great neighborhood, but the numbers look great and justify the risk for me. Would love some re...
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Has anyone else noticed an increase in properties that were previously used as an STR for sale? (often times with the furniture included)Normally I'd default to inflation and subsequent market uncertainty. And that ma...