Blaise Doremus
Idea for a Real Estate Website or App
Would you be concerned about a potential partner or python developer stealing your idea for a real estate website or app? Anything you could do to avoid this? Patent?
I don't think I'd be able to create a website/app...
Brie Schmidt
New Loan Limits - Chicago
YAY! Loan limits have been increased for Chicago on conventional loans! This means the 5% down, 20% down, and 25% down loan programs. My bank can start using the new loan limits as of December 3rd. Message me for ...
Isaac Roy
Tiny Home Financing Issues
Hey all, Looking for guidance.We are currently about to be under contract for a tiny home with land.Square feet: 200Cost: $55,000Acres: .28Issues:-The last contract that fell through sent 4 appraisers who couldn't app...
Weina Shi
Self Storage Financing Options
Dear fellow investors,I am buying a self storage facility and I am considering a few options. The facility has 200+ units of existing facility and a potential 500+ unit expansion plan. Option 1: CMBS 40% down payment,...
Lesley Ray
Loan Options with High Debt-to-Income Ratio
Hello BP world,I'm in the early stages of my investment process but have come across a potential hurdle after speaking with a banker today. Here's the situation:I currently rent in San Francisco (a very expensive mark...
Madhan Nellaiyappan
Cost of interior painting - 2013 built Townhouse 2350 sqft 3BD 3.5 Bath, 3 stories
Hello, What would be the cost estimate for interior painting of a 2350 sq ft townhome 3bd 3.5ba. My property manager is quoting 4k for one coat. I am new to this and am not sure what would be reasonable estimate...
Paul Jones
Life Before Auctions
As I noted before I have been following the online auction sites held by Dade county. I see that many auctions are cancelled before the auction starts, does any one know why this is? Also, I see properties that a...
Rose Davis
Hard money loan??
If one were to get a hard money loan for a flip and say the term is 5 months and the house doesnt sell, what happens if the borrower cannot pay the loan back? Does it go on credit? Will the lender take the property? W...
Joshua Wilson
Financing for 14 Houses in Indianapolis as package deal
Need some financing connections. Seller is wanting to liquidate and has 14 SFHs in a package deal, less than 600k and I’m out of state to the houses. All the properties are in same zip code and will have a property Mg...
Chris Elliott
Builder's Risk - Dallas, TX
Hello all,I have asked my broker to help find a builder's risk policy in Dallas and I'm being told it's "impossible". While I'm also looking around, I figured I might as well ask the nice folks on BP.If you have a bro...