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When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...
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I have been setting up my plan moving forward and I decided that in 5 years I want to be making $4,200 a month in passive income. I haven't found my first deal but it seems reasonable for me to hit this goal in five y...
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Hi BP,I need your help. I recently bought a duplex (house hack) and I looking to touch up the upstairs kitchen before I post the unit for rent. While my ultimate goal is to replace the cabinets I am unable to do so ri...
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Hey BP Community! I'm a new investor from NJ looking to invest out of state in a small town in Ohio where I have some friends/family in the area. I've analyzed about 15-20 properties and have found one that would be a...
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Hey BP! I'm sure everyone is actively watching the news and their impact on mortgage rates.I'm personally losing sleep wondering if I can save more by waiting, or should I just lock in the rates today.For those of us ...
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Mission
(insert business name) is a company comprised of industry professionals and capital-backed investors. With over five years of experience in brokerage, our in depth knowledge of the markets and ability to adap...
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My wife and I have been working on the first unit renovation of a fourplex in a B-ish class area. There is a lot of development around and we definitely are producing a unit much higher than the typical in our area, b...
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Tenant was extremely unhappy last month, which was my fIrst month as owner, when I imformed then that their lease says there rent is $570 as opposed to the $520 they’ve been paying for 8 years. I called today (The 4th...
hello,i have 175k for real estate and putting aside 105k for a duplex with 15% down financing conventional in my home state NJ with the goal of living rent free or close to it. use the 70k plus for a rental single in ...
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Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...