fred, dont pay an upfront fee!! when i first started, i wanted that hard money loan bad too. i found a broker who promised me the world with a 'due diligence' fee of 1,000. when i told him no way, he emailed me fo...
Hi, It's been said that one can do wholesaling with little to no money. Most all sellers want either $2,500 or $3,500 refundable earnest money deposit before they will sign an agreement to sell their wholesale proper...
The world of real estate is brimming with opportunities for 2025. With markets adapting to changing economic conditions, now is the time to explore innovative investment strategies. Let me walk you through some exciti...
I'll be closing on my 2nd rental property this year. The first rental came with renters so there was no need to change the locks.But with this one I will be.I'm currently leaning towards purchasing the MFS Icore Dead...
Background. I have 3 houses already (two rentals) and am looking to buy 2 more rentals. I want to buy these with 25% down. One of my rentals is paid off and the other is mortgaged and I like the CoC return of that bet...
Hi! New to real estate and new to PRO!I’m getting ready to put my first offer on a side by side duplex that has been completely renovated by a seasoned investor. In order to not sound like a complete idiot and/or make...
My wife and I are first time home buyers in Los Angeles. We got married in July and we are looking to start a family in the next year. We are currently in Studio City paying only $1,400/month rent for our 1br apt an...
Hi BP members, I never followed market trend in the past and I would like to know : Do townhomes of comparable size, number of bedroom/bathrooms, same vicinity/neighborhood appreciate @ similar rate(%) as SFH? Looki...
Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...