A question to experienced private lenders, what information do you request from your borrowers as part of the vetting process? What specific personal information do you request that borrowers typically don't have an ...
I am trying to connect with banks and credit unions in Maine(the area I am looking to invest). I have started contacting one institution every morning. One issue I keep running into is their refinance is based off o...
I've had good success following the 1% rule on my sfh properties and am seeing good $$ flow (8-10% 1st year coc return on a 15 yr note) but I have not done a very good job analyzing properly my first commercial proper...
Hey all,sorry for the short question here, just wondering if someone can help me with what I should be looking for from a cost perspective when buying my first or short-term rental.I saw a one bedroom one bath cabin t...
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Hey guys. Did my first analysis on a rental in my area yesterday and I wanted some people to take a look and tell me what they think.If you're from the Columbia, SC area let me know if the property taxes and insurance...
I want to setup a Self-Directed IRA. I have a list of dozens of providers. Before I start reaching out, what questions should I consider asking to ensure they are the right fit? To provide context: I'm an Active-Duty ...
I'm looking for a hard money lender and I am being asked to provide all of my financials and credit for a 'pre approval'...I'm confused...why would there be a pre approval without a deal being submitted? and why am I ...
Hello BP community!My name is Pathik Parikh. I'm brand new to the Real Estate Investing world, along with 2 other members (my younger brother and brother in law), through an LLC based out of NJ. Like many of you, our ...
I own a rental property in Chicago that currently has a lease and the monthly rent covers the mortgage and HOA assessments exactly. The unit is not listed for sale and I owe more on the property than the market value...