Hey there. Newbie here. I found a property I’m interested in purchasing. The owner is selling it privately without an agency. I had planned on purchasing through a HML. Since this is my first buy, how does it work? Ca...
Foreclosure Deals A foreclosure occurs after a homeowner fails to make payments on their property. When a foreclosure property hits the market, it doesn’t take long before the sharks start to circle. As a first-...
I am renovating a walk out single family home to have a separate legal unit in the walk-out basement. The unit will be about 750 sq ft. I am wondering if the interior stairs are typically removed to allow for more s...
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
I am interested in wholesaling in my neck of the woods in Dallas where we are seeing a lot of flipping activity. I am an attorney and am familiar with real estate but I am not a real estate agent or broker. I have r...
Long time lurker, first time poster. I'll try to keep this short and concise. I own free and clear, 17 acres outside of Houston, TX. The county appraisal values the property at $200,000. Raw land, no structures.I woul...
Hey BP peeps!New to this whole deal . . . have an idea/strategy, want to see if it holds water:Find a distressed/undervalued propertyCome in as a "cash" buyer, using Hard moneyGet the rehab work done with said hard mo...
Hello everyone,I’m under contract on my first investment property using hard money. My plan has always been to do a standard cash out refinance on the ARV but am thinking of putting a spin on it. By making it a studen...
Does anyone have experience providing personal loans to individuals with the intent of both helping out an acquaintance and making a return due to charging interest?In 'Rich Dad, Poor Dad', Kiyosaki mentions giving sh...