I'm working on my first deal as a hard money lender. I already have an investor lines up and a house proposed. The terms are 2 pts. + 12%, and the loan will be for ~75% of the ARV.
I'm also in the process of findin...
Hi BP
We’ve entered almost our second full year of self managing our properties, and by far, placing the right tenant in our properties is the most stressful part of self-managing in my opinion.
We live an hour each...
I am purchasing two unimproved lots that are next to each other, owned by the same person. My Real Estate Agent created two separate contracts to purchase the properties, stating that they are deeded separately. Doe...
Hello BP Community,I hope everyone's doing well and staying safe during this pandemic. I'd just like to introduce myself... My name is Adrien Salvador and I am 23 years old. Recently, I began my real estate journey 6 ...
Hello All,
Thanks in advance for your comments. I am a high income W2 earner looking to start a passive income RE portfolio in the near future and trying to narrow down its composition between Syndications and PE Fun...
I have a seller who wants to sell me 6 properties in the ghetto as a bulk price. I need help to know if I should move forward. What are the names of banks or lenders that I can finance these properties in bulk? All ad...
I am under contract for a 4-unit property. My lawyer is advising me to purchase within an LLC instead of personally. How will this impact the interest rate? How will it impact getting a HELOC in the future?Thanks i...
What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
I have been doing so well with my Big Bear property others have asked me to manage their online bookings. Is the only way to do simply having them sign up on AirBnB, FlipKey, VRBO and giving me the log ins? Or is ther...
Hello,
I would appreciate your recommendations for lenders specializing in single-family homes, both for builders and for individuals interested in purchasing a new construction home or a home currently under constru...