Hello BP Family,I hope all is well. I am actively seeking to commit my first fix n flip. I am filling up the pipeline with deals to choose from. I have two properties underneath my belt (buy n hold). I am committed to...
I may have identified a potential flip. I have never done a flip before- I have been actively looking for cash flowing multi family properties but this property looks like a good candidate for a flip. What should I kn...
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
I want to purchase a 5-unit property with a commercial loan. I plan to borrow some funds towards the downpayment. I was told that money needs to season for 60 days in my account before closing. This money will be c...
One question that I get asked frequently is how do I find work life balance?Between running multiple businesses and having a personal life, it’s something I’ve definitely had to learn over the years.Based on my experi...
I bought a 4plex using an FHA loan in FL. I was just wondering if I really have to live in one of the units for one year. What if I don't? Do they do inspections? I had previously purchased a home with a conventional...
Dear BP family,
Once I have a commitment letter from the bank for 60 days, can the bank cancel the refinance deal or can they change terms due to the current coronavirus situation?
Thank you all in advance,
Eli M
3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
Has anyone dealt with them before? We just got a call from them about a house we're trying to rent out.
Hello BP Family,Does anyone know if the following is required in a commercial real estate transaction specifically in Louisiana? This would be for a Multi-family transaction.A Louisiana Sales Report provided by seller...