We utilize a few hard money lenders for acquisition (8-14%,1-3 pts), plus we have some private investors who finance most of our equity position (10%,0pt). We've subsequently closed portfolio loans with B2R, Firstkey,...
Greetings,I recently had my sewer line replace. I hired a plumber who did the excavation as well as the replacement as he specialized in sewer lines. It appeared he may have dug to close to the house as the floor now ...
Hi, I am a newbie to property investment who purchased a secondary home and a investment property using the same lender within a few months timeframe. I see this effecting my credit score heavily. Is there a better o...
I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.
If I choose to pay weekly, is this better? Would I end up mak...
Found a property in Nashville, actually Old Hickory, with good numbers thought I'd run it by my BP friends before I pull the trigger (this is my first buy and hold cash flow property). What do you think?
Appraised V...
Good day!I'm under contract to purchase 30 townhouse condominium units (in a larger condo project) and the best play is to sell them off to owner-occupants. They're currently being run as a sort of apartment complex b...
Hey folks -
Would love to hear from those who own vehicles that are considered business expenses. Jumping from 1 to 5 units soon and I will be buying a used truck to have on hand for building materials, appliances, ...
Debating putting our SFR up for sale in CO Springs.A few specs: SFR 3/2.5 and 2 car garage. Powers neighborhood. District 49 schools. Built in 1999Current Cap rate 9%Purchase price 184K (2009). Owe 163K. Estimated sal...
Hello Bigger pocketsI am reading the above mentioned book and I am having a hard time understanding a scenario the author describes. The following is verbatim:" Imagine a property costs $100,000 and that the rental in...
REO on market for 170 days +. The price has been incrementally dropped. Now there is a status change with the price higher than the last price drop by about 10K. Is this the bank's call to increase and why would th...