When talking about cash flow, I feel it is directly impacted by the down payment amount when purchasing the property.With a minimal down payment, the cash flow will be minimal, or even negative; on the other hand, wit...
Hello all. Currently I have one sfh. It is a traditional mortgage. I am trying to understand land contracts and how they work. I have a few questions on the process.1. How do the terms work? Is it for 30 years?2. Is t...
Hi everyone! I'm hoping someone can help me out a bit by sharing some details on what their typical process looks like in a acquiring a deal. Basically everything that happens in between finding a lead, and closing th...
I have an investment property with a balance of $115K but it’s zestimate is $180K. Let’s assume I can take out a HELOC for $65K. Does the mortgage balance on my home go up to $180K or would the balance on that home st...
I'm trying to gather more information about how a HELOC works. My wife and I are about to move back to Louisville, and are looking to purchase more investment properties once we have our primary residence secured and ...
Hey BP Community!I'm trying to learn about RE Investing. I'm 14. I've heard the term "Equity Partner" a few times recently. I don't really understand how Equity Partners work. Can someone please explain this to me?Tha...
I'm stuck in the minutiae of legal terms and understanding. Please dumb it down for me, what is the difference between LRRL and LLIP insurance. Reading over someone's lease agreement in Bozeman and it appears throug...
Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...
Can some experienced investors explain in simple terms how bridge loans work? I’ve been doing some research but I don’t think I fully understand. With a bridge loan do I have to raise less money from investors because...
Hello BP,I am trying to understand how property taxes work in Columbus to better analyze property. From the government website, " Ohio law requires counties to revalue all real property every six years with an update ...