I have found a home that I would like to buy as a 2nd home/Rental. I know this probably sounds insane, but I cannot get a loan.
Purchase price 60k cash.
Montly income 8400.00 annually
annual insurance 495.00
annual ...
Hey everyone! I'm brand new to the BP community and real estate investing. I recently had a chance to take the entry level real estate training from Legacy Education for a cheap price. No plans to take their advanced ...
Hello BP Community!While accumulating small multifamily through househacking, our (my wife and I) strategy requires that I maintain a W2 job for a bit longer. Since I have to keep a W2 job, I would like it to be produ...
We are doing some light reno to a house we bought as a short sale years ago. In looking at vinyl flooring, the warehouse suggested the glue-down type, which I hadn't encountered before. How is this stuff not just li...
I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
Hi all,
seeing some investor has a portfolio of 200+ rental properties, I am wondering how does the financing work behind the scene? Personally, I have a really tough time securing finance at just 10 properties with...
I am looking to start investing in the St. Louis area. I am primary looking in in the south city area. With such a high amount of inventory available, what are some strategies others are using to maximize occupancy ra...
I recently heard Brent Kesler do a seminar on the money multiplier method. It sounds good but wanted to see if any has ever used this idea of wealth building through a whole life insurance policy. Any feed back on Bre...
Hey Guys! I'm new to BP and REI. Please share a few ways to generate better leads. This Driving for dollars is not cutting it. I need volume and efficiency. I'm mainly trying to wholesale.
Could anyone help me understand how would a hard money loan work for land purchase only?