Hello BP! I need suggestions on alternative strategies for the following scenario:-Purchased a property to flip. Currently loan for $650k with a hard money lender.-We ran into a few snags with the tenant that was occu...
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I want to buy a house. The situation is I've been a plumber for years and I know banks want you to have the same job for two years with taxes. But I want to get back into selling solar because of a lot more money. I w...
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I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Hi everyone, I am new to real estate investing. I am interested in wholesaling local and virtual and am looking for some information as to where to start. I have looked through the forums but there are a lot of posts...
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I am interested in selling a vacant land property with financing. Anyone have any education recommendations (books, youtube videos, blogs) on selling properties with financing? I have sold several properties for cas...
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I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
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The bank holding my mortgage has informed me that they have made a business decision to not allow properties to be transferred to LLC's. I have gone back and forth wether or not an LLC is needed, but after doing some ...
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Hi all,
I've been compiling my results from my postcard mailings to Absentee Owners over the past few years. Here's what I've been getting:
Average Call-In Rate: 10.67%
Average Voicemail Rate: 4.40%
My Call-In Rate...
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Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...
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Hi,Wife and I are ready to purchase our next home. We can do the 20% down on most homes we’re interested in. Can I/should shop with different lenders? I’ve used the same lender for a couple of homes but have never loo...