Ok I must be missing something because all these deals seem to have balloon payoffs at some point. No one wants to finance you forever especially if you're wrapping their loan. What do you do when you have exhaus...
I am a recent college grad with solid credit and income. I was talking to a lender the other day and he told me the FHA 203k Loan is not being offered. I want to start a house hack but need a 203K loan to afford forc...
Hey BPJust closed on my first deal a MF 6 unit. Fully occupied with long term tenants. I used a HML and am looking to do a cash out refinance. Any suggestions on how to proceed?
Since additional 5 states are voting for 5 recreational marijuana legalization, stocks in the marijuana industry are skyrocketing.Here is one example www.stockpicksnyc.com/MRPHFthe stock symbol is MRPHF another good o...
Hello everyone. My name is Glenn, and this is my first time on the site, as well as opening my mind to investing altogether.I'm looking to become better with my financial situation in life, and in the long run, and ha...
I have a large 3/1 house in Birmingham(wylam) and the property managers are saying 10k to get it rent ready. The house isn’t worth that. We paid $10,000 for it and did electrical work totaling $7,500. We’re from out o...
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
Does anyone have any recommendations as to whether becoming a certified CFP would A - be helpful, and B - be worth the cost and time (approx. 6 classes over 1 year at $4000 total)? I am wanting to get into RE investin...
Hi all, I new to BP from Madison WI.
I've read the beginners guide and I'm listening to the podcasts and trying to educate myself as much as I can.
I think I've identified my niche and I'm looking forward to getting ...
HelloTrying to understand how much dwelling coverage i should carry on my insurance for my 4 plex. if a calamity happens and i have to build the property from scratch again, how much would it cost me $ per sqft.