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I noticed a couple other threads floating around about this but not with much info. Has anyone been involved as an investor? Any thoughts/advice? I'm considering going in on a project that is currently raising mone...
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I've listened in the last two weeks to several HMLenders' claims that no license is needed to refer commercial borrowers to them.
And from their veiwpoint, of course we don't need a license to make the referral!
Bu...
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I hope everyone is well! I was curious to see how I could go about setting up this company I have in mind. There are 3 partners. 2 partners with an MLO, and real estate license. We also have a partner with a GC licens...
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Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...
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Hey everyone! This is my first post. Hoping to get some help. I own a property that I'm renting out on Airbnb. I made a mistake and let my PM be the primary host and I'm the co-host. Either way, the payouts go to me a...
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My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
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Looks like the 2nd month of no distributions for me, how about you guys? I emailed RS last month, and got a reply about onboarding someone to take care of distributions - looks like it never happened, or the info I r...
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Investment Info:
Single-family residence buy & hold investment in Elsmere.
Purchase price: $107,000
Cash invested: $107,000
Purchased as primary residence as a single parent to two kids. Converte...
Hello BP,It's been awhile since I've posted anything, I've been extremely busy! I received a call from a bandit sign I put out last week. The lady owns two homes and states she wants to get rid of both due to purchasi...
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I'm currently working on our 4th rental purchase and everything has been going fine. Closing is in 6 days and all is in order and ready.However, today I received notice that the seller is wanting to back out because ...