Hey Guys!This question comes from my search in finding the next stage of funding after I max out my 10 conventional 30-year Fannie Mae Mortgages for our rental properties. We've met with several commercial/portfolio l...
Hello - I am trying to do my first wholesale deal. The property is in Indianapolis which is where I live and the owner lives in California. We agreed on a price, so I filled out and sent him the contract and he is p...
We currently own several rental properties in Florida (Miami, Jacksonville, and Tampa). We are looking to refi a few of our properties and to invest in building and operating an apartment building in the Dominican Rep...
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
So in the vein of previous posts like The 90 day challenge and 1 year challenge I am faced with a 6 month challenge. The story goes as follows.
I have/had a w2 JOB. It's ok, I'm well paid and it provide...
Written by a baltimore city landlord recently....perhaps the funniest thing I've ever read.
Thanks Mary Jo, you raise a wise point. To Chris, Heather and everyone else who was asking about how these turned out, par...
One of the many calls that I had today. I am using Michael Quarles advice about getting the seller to give me their minimum. I have had success and failure with this. Here is the part of a phone call that I had tod...
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
For those who have never obtained a hard money loan, there are typically a lot of questions. Here are some of the most commons questions and answers about private and hard money loans:
1. What exactly IS a hard money...