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I have two questions regarding a syndication I will start. If I hold the money for X years:- When do returns get paid, and by what priority?- If the final calculation on ROI is determined once the term is up, then the...
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Hey Guys
I am looking at purchasing a rental and was curious whether you guys preferred a Gas or an Electric Water Heater. I have read that the Gas Water Heater has cheaper monthly cost because it is easier to heat ...
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I have about 300k in equity in my single family home that I have never tapped into. I want to access this equity to invest into getting a second property. With interest rates on the rise I’m trying to decide if a Helo...
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I own a lot in fishtown where new construction sells high.
It would be cool to build and sell but I've never done that before. My experience is limited to rehab/renovation.
I own the lot but would have to finance ...
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May I know if anyone knows of a reliable mortgage broker or banker in Jersey City area? I guess for no fee mortage broker, the closing cost is usually higher because the bank needs to pay the broker right? Thanks g...
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Hello BP - I'm about to secure my first REI (MFH) in FLA via conventional financing. I have read about placing properties in an LLC but there is a risk of violating the Due on Sale Clause. Speaking with my lender/br...
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I have a retirement account from a previous employer. It contains around $23,000. I was considering trying to use this money to help in purchasing my next property. However, this account, while I'm no longer contribut...
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Hey BP nation!
I'm new here (long-time listener, first-time caller, blah, blah, blah). I'm interested in hearing about the LA BP's lending experience/ recommendations are. I'm open ears, open messages, and ...
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Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
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I am Active Duty Officer and currently own a home in Texas with 85k left on loan (100k originally borrowed at 15 years conventional) on property that is around 300k at 4.25%. The tenants are leaving end of August and ...