Marc Dufour
HELOC
I applied for a HELOC 4 months ago with a bank...still processing. Can I apply with a new bank in parallel or will it impact my credit score to apply for 2? How long does it typically take to get a HELOC?
At what tim...
Dustin McGee
Need a Partner
Hey guys,I am really motivated to jumping in on my first deal! I can find the deals but I am having problems getting funding for the deals with not so good credit. I am rebuilding my credit but it is going to take a ...
Angel Villalobos
Finding a lender while Self Employed for 6 months
Hello everyone ! I would love to hear your input on this issue I currently have . I am self employed here in Oceanside , CA with only 6-8 months of bank statements . I have around a 700 midfico credit score and have a...
Rick Freeland
Driveway Grade between Two Story Self STorage Buildings
Hi!Does anyone know the maximum slope a driveway can be between a selfstorage building with an upper floor and a basement? Buildings are 65' and 75' wide. Uhaul and Ryder trucks will need to be able to negotiate the ...
Donny Random
Student Housing
I have bought a new duplex in an area on the edge of a college area. In reality it is just outside the accepted distance to be advertised to be in the college area. The area has been depressed for 20 years. I have rec...
Chris Martin
Testing for LBP using instant test strips
My apologies if this is covered already. I didn't see it specifically, so I thought I'd post. In another BP topic about Lead Based Paint (LBP), I implied by my comment that a landlord should develop a best practice to...
James Chung
Understanding Your Market
I'm sure I could google and do other kinds of research on this topic, but I love BP so I thought I'd post some questions right here and see what my awesome peers have to say on the topic. I always hear (on BP podcast)...
Brad Penley
Apartment Mentor program $25,000?
I’m looking at doing the multiunit apartment mentor and teaching program through 37 Parallel. The cost for the year program is $25,000. Has anyone out there taking this particular course? Did you have a good experienc...
John Story
Proof of funds for apartment purchases?
Is it typical for the seller or his agent to require proof of funds just to look at the property. I have came across this several times recently. I'm looking at 12 to 40 unit properties. I will raise private capital...
Chad Hurin
Bought duplex personally but now want to have my LLC own/manage it...
Hi BP,In May I bought my second REI deal. My first deal was seller financed (see my post HERE) so I didn’t need to involve banks, etc and made purchase with my LLC. It’s owned and managed by my LLC with no inter mingl...