William Melikyan
Question to hard money lenders
I've just began to research alternative opportunities of investing and have come across hard money lending (HML). I understand the necessities of having a lot of money and having experience, but I'm not sure when, or ...
Jeffrey Lacombe
Hazardous waste buried on property under bank ownership
I have purchased a property from US Bank that while they owned it, they hired crews to remove of trash and debris. One thing this crew did was bring in a backhoe, dig a large hole and put 55 gallon drums of car oil, ...
Matthew Paul
Delays beyond the contractors control and the added costs .
I did some work for a homeowner who wants to be his own General Contractor . I was hired to dig and pour the footers . So I give the guy a price to dig and pour the footers she signs the contract , told him we pour ...
James Dainard
Puget Sound Market Changes
As the market is starting to settle, we're telling our clients to budget for extra carrying costs, and project profit margins based on the new normal. In December I'm going to host a webinar about the current market ...
Hank Keller
Build your own pension with Turnkey Rentals
Since 1998, there has been a 44% drop in Fortune 500 companies offering pensions; instead pushing their employees to manage their retirement themselves through a 401K or other management investment vehicle [Source: To...
Jeff Montanya
Deal Architects and Low Money Investment Scams?
Bigger PocketsI met with a gentleman last Friday who approached me online through a group that Im a member of. He identifed himself as a "deal architect." I didn't really understand what it was he was trying to get me...
Colton Norman
Sell or Hold - Any idea what rates are supposed to do?
I bought a cash property at a good discount that needed work - as a BRRR or Flip and it is nearing completion of its renovation. It is a SFH in an appreciating market, but the specific street/neighborhood is not idea...
Joseph Matarazzo
Can You Get A HELOC On An Existing Mortgage?
Hello BP Community,I have a three family multifamily property in New Jersey. I bought it in 2019, lived in it for two years, refinanced it in 2021, and since then I have moved out and it is fully rented as an investme...
Vincent Polisi
Has Anyone EVER been forced to pay an accelerated note because they transferred title and the bank enforced the due on sale clause?
The "Due On Sale Clause" in every lender's note is a common investor fear due to the myriad of ways investors transfer title on deals.
In 30 years, I have NEVER heard of a bank accelerating a note that was paid timel...
Scott Kinney
Newbie from Oakland, CA
Greetings all,My girlfriend and I want to start acquiring rental real estate. Maybe start with single family homes. We live in Oakland, CA. I'd love to find something local, house hack or what-have-you but this market...