I was offered to purchase a single house for 20k. It’s worth about $160k. However the tenants are elderly, desperate and want to live rent free for ten years. Taxes are about $4k. Needs some minor improvements that I ...

Let's assume that I can pull out approx. $225,000 in equity from my home. Let's also assume that if I do nothing with it I am able to pay the monthly note to satisfy the loan. Seeing that rates are pretty low right no...

Good morning/afternoon,I have 2 duplexes that require significant rehab in Dayton Ohio and I am having a recommended contractor do the work.  The problem is that I dont think he is set up to accept credit card.  He ha...

I have been doing  some direct mail marketing and cold canvasing which resulted in my first solid wholesale lead. After the initial phone call, I can see that the owner is motivated (kept asking if we could close in t...

Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...

In the 12 years being a property manager of my own properties I have meet some great tenants.  I have also turned away some potentially great tenants because they simply did not have enough cash to move into my units ...

Instead of buying an apartment complex in Houston, I want to buy few $20k-$30k condos one condo at a time (not in the same complex). How can I finance $20k-$30k condos?

I recently purchase a house with cash for $214K.  ARV for the area is $380K.  I am left with little cash to pay for the renovation cost. The house needs a lot of work to make it sell quickly and will need a loan for $...

We’re currently strategizing on how to best establish business lines of credits for our LLC. Cameron’s Legacy LLC has completed one fix and flip in Brooklyn NY, manages a 1BR short stay and wholesaling operation in Mi...

My plan to use a HELOC for a down payment on a new property fell through today. I originally got my mortgage through Lending Tree, and it has since been sold to a different company, so today when I called about the...