Hi BPI'm looking to buy a strip mall in rural Michigan for 2M and 90% LTV. I figured I could get this done through USDA and have a lender who's quoting 6% on a 30 year adjustable quarterly. How can I make sure this ...
Regardless of how predictable many elements have been, we are in turbulent economic times. It's more important than ever to invest wisely and earn strong reliable returns. For many years I have been posting on BP, as ...
How do you know you’re the owner of real property? Your proof is a warranty deed.
A warranty deed is a written legal document that transfers legal and equitable title of real property from one person or entity to ano...
I'm new at this and just got my first accepted offer on a REO off the MLS. The bank is Wells Fargo but all offers were required to be done through www.williamsauction.com. I received their packet yesterday and only ...
We are closing 7 days before tenants are expected to move out with the 30 days notice the current owner gave. My husband is concerned about what happens once ownership becomes ours. Are the the tenants bound by the ag...
Hello all,I just started looking into tax liens and learned that the interest rates have dropped a lot in counties where the auctions are held online. I wanted to get a general idea of how much people are seeing in t...
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Hello awesome BPsI am about to put an offer on a property after a long period of search. Numbers look good and and I might have to put a bit lower than the asking price, otherwise numbers don't work.I have got the pre...
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...