Kyle Mack
Borrowing more than purchase price
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
Michael Seeker
Has anybody used Dwolla for payments/collections?
I'm looking for a cheap way to collect rent online directly through my website. Anybody used Dwolla and have any feedback on them?
Adam Peacock
Sourcing a loan for a BRRRR Investment
Hey folks,I am stepping through a multi-family BRRR investment with 5+ units but trying to make heads or tails of the lending options that serve this specific use case. I understand the final cash-out commercial loan ...
Justin Ellsworth
Just Saying Hi!
HI All,Just wanted to say hi! Newbie to real-state and looking to learn ahead of first rental we are planning to find/acquire in ~12-18mo. I live in the Cincinnati Area and looking to focus on single family residents...
Nick B.
Gas station near apartment complex - how close is too close?
Hello BP!I am considering a small 16-units apartment complex but there is gas station across the street from it. I know that gas stations present potential environmental problems and Phase I report is a must. However,...
Rich Thomas
Phase 1 Environmental
I have a property under contract and the lender has just requested a Pahse 1 environmental study be done. The property has never been used as a gas station or laundry cleaners etc. the only thing I can find if years a...
Janira Blair
Recommended Hard Money Lenders?
I have about 10k to invest into a buy/rehab and flip property. Clearly that’s not enough to get started, any lenders that are willing to work with a newbie? I cannot use a bank due to the fact that my credit isn’t up ...
Will Dixon
Re-Quoted with large price differential
Hi BP,I would like some input on whether this agent is ripping me off/covering a mistake or if this price change seems realistic...I got a quote on my 3 unit property in Northern California. It is not in a high fire a...
Account Closed
Initial expense/compensation in 3-person (33%) TX LLC.
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
Connor Murphy
House Hacking Philadelphia
Hey BP,Moving to Philadelphia this summer and planning on trying out a house hack. Girlfriend is going to Drexel University Med School, and we are complete strangers to the area. Hoping to get some insight on some dec...