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Results (10000)
Joshua Levine Investing for cash flow- Cap Rates the 'end all- be all?
23 October 2018 | 21 replies

Good afternoon all.  First time investing and I'm curious your thoughts on this.  If you are an investor that's main focus is cash flow, why not simply find the highest cap rate you can find and invest in those proper...

Account Closed Real Estate Agent Car Insurance Requirement
22 May 2017 | 4 replies

Hi BP!I have recently gotten my real estate license in DC and I am about to sign an independent contractor agreement with a commercial broker. One of the covenants on the agreement states that, for car insurance, I mu...

Jarren Durbin Buying with hard money. Then cash out refi for renovations.
16 November 2019 | 10 replies

Hello BP, first post here. I am new to house flipping and have been doing tons and tons of research and I have a house I am trying to close In on. The house I am looking at is a hoarder house of a deceased lady being ...

Steven J. Do I inform the bank of seller carry back?
26 September 2014 | 15 replies

Do you tell your lender that you plan on having the seller carry back on deal?

For example, I want to get into a property with a conventional investor loan. I need 25% down, and the loan covers 75%. If I have...

Timothy Howdeshell How to structure seller carry no money down deal?
8 February 2020 | 3 replies

How would I, or should I, structure a deal to involve no money down? I am the buyer in this situation. 
Example:
ARV = 130k
Rehab needed = 15k 
Purchase price = 80k
Current/As-is value = 96k
The seller has said ...

Dawit Wo DSCR - Loan Terms
20 August 2024 | 16 replies

I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650% 
Admin Process...

Aaron Stone Contractor insurances???
19 November 2015 | 3 replies

Question:Should I be looking to see all subs insurance and licenses before i hire them? How do i know they carry the correct insurance. Am i just looking for general liability insurance that covers there business?? I ...

Michael Henry IRS Code 453: Deferring proceeds
5 December 2014 | 2 replies

I just learned about the IRS Code 353 Structured installment sales today. Wondering if anyone on BP sold a property and deferred the proceeds under this code? 

Account Closed Liability Insurance? LLC for RE Agent Activities?
3 May 2022 | 1 reply

To all my fellow RE agents out there, how many of you carry general liability insurance? Do you run your practice through an LLC? I know there isn’t a one-size-fits all answer; just curious to see how others view risk...

Kenneth LaVoie Using seller financing to sell my portfolio
25 October 2016 | 8 replies

Hi allI have a portfolio of 11 buildings, consisting of 48 units, all with a 2 mile radius in Central Maine. I sold a home once using seller financing and had a horrible experience (I just got the house back in forecl...