April Eilers
How to Secure Loan for 5-Plex
Based on my research, and what I've heard from numerous lenders, a 5 unit home is classified as a commercial property, and can only qualify for commercial loans. Is this understanding correct?
So far, the only bank/l...
Alex Baxter
Your first property.
what were some of the things you learned after purchasing your first property? Anything you were/weren't expecting? I'm curious about all aspects of your first purchase from financing to later selling.
Nicole Wood
tenants in place in duplex im buying??
Hello,I have a dilemma and need to have some professional advice here. We are buying a duplex. There are already tenants in place however the lower apartment will be vacant when we buy it because were househacking. Th...
Sandra Holt
Working with contractors
Unlike many investors, I've had wonderful luck with contractors and have a list of reliable, reasonably priced contractors. When looking to price out jobs, does it make sense to continue getting three bids on a job ju...
Julia Lennon
Toilet not draining - been told all pipes need to be repaired??
Tenant property in Birmingham, AL (35204): Tenant reported "blocked toilet". Plumber went today and explained pipes are blocked, and some corroded (expected with the age of the property), but unable to say where the ...
Eric Hansen
Wholesaling in General
Hello everyone, I’m new to real estate investing and wanting to become an investor one day, and wholesaling is where I want to start. I’m reading and watching YouTube but the one question I had was, do you need a sale...
Account Closed
Creative finance when seller has mortgage
Seller owes 150k on a 400k 3 unit.He’s interested in seller financing to defer capital gains.What creative financing option would make the most sense for he and I?Seller finance, sub to, wrap around etc. and why?
Dylan Teixeira
If I could go back with the knowledge I have now...
I'm a fresh newbie, but I know that if I could go back with the (little) knowledge i have now, I would have started grinding trying to learn the ins and outs of RE two years ago when i first thought of RE as a means t...
James French
Private money club with Chris Naugle
Hello BP family
I recently just watched a live webinar with Chris Naugle. He and his team started the private money club. This seems like an amazing way for all types of investors to get financing. Did you watch it...
Tyler Bushey
First flip partnership
I may be partnering on a flip with someone, it's my first project and I'm curious about what common partnering terms are. Thanks in advance!