I need an honest mortgage broker that is going to actually communicate promptly with me. I did 2 loans this year and both guys were terrible. I'll spare the details but I'm looking for someone that is on the ball and ...
BP,I am looking for any experienced investors who could share any rules of thumb on proper capitalization before a RE purchase.For example, If I am looking to get a 80% LTV loan on a $400,000 property. What would be a...
Hi all, just purchased my first rental property (with advice from BP - woot!). After doing a few things by myself, I realized I need a handyman asap. Anyone have any recommendations of someone as a repetitive handyman...
I recently purchased a two unit property REO in Baltimore. It needs work, regardless. However, I am really on the fence about whether to flip it or repair for buy and hold. Here are some of the details:- Two Unit in G...
Hey BP - I'm helping my buddy renovate his new Triplex and he just ran into this issue. He bought the property from his Grandfather about 6 months ago - 2/3 vacant - The 1 tenant is on a year lease until April 2018. I...
I purchased a new construction SFH in Florida about 3 years ago. It had a 1 year warranty. Since it's come out of warranty (of course), a continual stream of issues have come up that need repair. Many of these are ind...
I have a 2000 acre oceanfront property in the Yucatan in Mexico that I need a lender for. I need at least 65% ltv and must close by April 20th. I must also have a committment letter asap to make the client happy. The ...
I will be closing on my first deal in the next couple weeks and I have the funds for purchase and closing. What are my best options for financing the rehab? (Appx $120k) I am a GC and will be doing a lot of the work m...
hello everyone. After going to the Montgomery county sheriffs auction many times I finally purchased my first property there. Did the proper research, the only mortgage on the property was the the one that sent it to ...
Hey everyone, I need some advice!
I am looking to purchase a duplex in the near future and I want to "house hack" with living in one unit while renting out the other.
However, both units have leases for a couple mon...