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I just went to a website to apply for pre approval and they require 15% of the loan amount in the account, is that the norm now? Back in the day it didn't require this but it has been several years so I figure I woul...
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Most people are asking us: Does our current property insurance protect our home when we do Airbnb/VRBO? From everything I've read, the answer is no. Is this what you guys are finding?We've come across this question ea...
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A lot of the webinars explain financing. Im very new to real estate. Once you have your deal, does the money you need to pay back your lender comes from cash flow? Im confused!
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All hypothetical - If I buy a flip and sell it for $150K, then use 1031 and buy another for $150K and flip for $200K, then on the third buy for $200K and flip for $250K. At that point, Can I 1031 into a long term ren...
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Hi BP, I'm working on analysis for a few different markets that our on my list, as I'm looking to move to settle in a new area. My two questions are: - What type of CapRate, CoC, and other key performance numbers shou...
Hello Everyone, A little bout myself... I'm originally from San Jose, CA and now live in Bakersfield, CA. I have traveled through many areas on the globe while in the Marine Corps, Semper Fi:) Any who, after the servi...
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Hello BP!Can someone explain the difference between Hard Money and Private Money Lending when it comes to creative financing? Also, which one is more beneficial for wholesaling and buy n flip?
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I purchased a house in 2008. I spent 3 years renovating it by myself. I had it rented out for the past 7 years give or take. I am in the process of selling right now. I am not an expert in the Real Estate game. Howev...
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So my brother in-law and I want to buy an apartment complex that’s less than a million dollars and around ten units. I HAVE NO IDEA HOW TO GET A LOAN. Do I need 20% down? Do I have to prove cash flow ability? Can I ge...
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I'm under contract with a park that has mostly new tenants renting park-owned homes with the Option to buy in 10 year time span (10 moved in 2016 and 12 in 2017 which are on 1-year leases), 8 are long time tenants, 6 ...