Hi all! It is my current understanding that in order to qualify with most lenders for a commercial loan, the loan applicant needs to be a business entity (i.e. LLC). First and foremost, if this is incorrect - please l...
The top five crazy borrower questions asked us in 2018.
5. If I use your capital and pay the interest, will you fill out my tax return?
4. If you don’t deal with people with no income and no assets who do you dea...
Greetings, all. I notice that most of the talk in here centers around residential property investing. Are there any commercial investors knocking around in here by chance? Would be great to tap into a resource around ...
Hello BP Community,As I have been researching developing markets lately, I have taken the time to immerse myself within my community that I live in to learn more about my immediate market. I currently reside in Glouc...
In the past month I have been getting calls from Sellers with vacant land. I am not targeting vacant land (but the properties are on a code violation marketing list that includes a little bit of everything). The most ...
A gentleman not far from where I live is looking to unload 4 acres of commercial land through a private sale. Its on a busy rd, growing area, and currently has 3 billboards that generate "$20,000 a year". I'm very i...
I am considering developing a mobile home park and putting it straight on the market. All infrastructure in place. No mobile homes setup. Looking for opinions for this approach, particularly from those who have actual...
Hello Everyone!I'm looking for a little feedback on an idea that i've been contemplating. I own about 40 acres of land in a growing community near a major military base. I am considering building a duplex at the front...
I have been checking into this idea - find vacant land, determine it's general suitability, find developer and sign the option to lease. I found there's not too much people talking about this idea here so I want to op...
Hello BP, my partners and I are currently under contract to buy our first investment property (duplex) in Rochester NY. We’re putting 20-25% down on this $130k property. Our current lender came back and told us our ra...