What is Hard Money & Why Would You Use it?A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives fu...

Pros and Cons with this type of financing for investment cash out refi

This topic has been around forever, but it's now 2019 and the landscape continuously changes.  I'm looking for a self-directed IRA which will let me hold a variety of asset classes (I currently hold cash, a mortgage n...

I have a 401k, looking for a lawyer to help me set up it up. its at quest and solera

Hey everyone!So doing my first BRRRR. Project is about a month out from completion so I’ve been thinking about the refinance part of it. The contractor has been giving me final receipts. Meaning they buy the materials...

Hi, I heard Pace Morby on BP Podcast talk about wiping a person's DTI 100% after 1 year simply by using a servicing company. This scenario would be if I took over a mortgage via subject to and the seller would not hav...

I’m told I cannot cash out refi for new value of property until a year has passed. Purchased 3 units for 90 cash, rehabbed and rented, bank says can’t use new value for a year. That will take way too long to replica...

I recently had a turnkey provider, that I've worked with before, change a policy.  I'm curious what words of wisdom the BP crown can shed.The turnkey provider now insists that buyers use one of 3 lenders that they sug...

Hi, We are looking to buy a home in San Diego where we currently live.  It is a seller's market (like most parts of the country) and the agents we are vetting have all emphasized how important it is that the agent and...

It's undeniable that debt has the power to consume. Anyone who has let credit card debt run amuck can attest to this.
I'm writing this from a place of humility. I have learned some of these lessons the VERY hard wa...