Good afternoon BP! This is my first post ever here. My post might make you cringe but I am 22 years old, active duty military and I am looking to syndicate someday. At the moment I am learning how to underwrite in ord...
I think the collecting of rent manually is becoming more of a headache than it's worth. Tenants want to pay on different days, partial payments, etc. So I want to start using rent redi to collect rent to make it easie...
Hi there -- I'm very new to RE and BP, so apologies if common economic logic already answers this question.I live in Chicago along the Blue line in Logan Square, which is a "hot" neighborhood. I see plenty of future g...
Hi all, I really appreciate all the wisdom that is shared so freely here on BP!I’ve recently had a rental property expropriated that I’ve owned for many years in the Montréal area (expropriation was a bizarre experien...
Hi BP,
I’m currently in the process of remodeling my second house with a 2 in 1 loan (construction and refinance). I’m planning on adding square footage and several bathrooms.
Once the construction is complete the r...
I know the best method is to mail to the executor but what happens if you don't have their address? Is it worth mailing to the home of the deceased and address it to the executor?
Can you guys please share about commercial loans?So my understanding its more complicated than residential loans..1) Debt to service ratio should be more than 1.2...What does it mean?2) every 5 years interest rate cha...
Hi,Before i buy a NPN i want to know which states forecloser is quick - less then a year?And what states this procedure is very long and expensive ???
Question on timeline for a BRRRR. Given the following situation: $100K purchase price, $50K Rehab, $200K ARV, and let's say hard money lender at 90% purchase + 100% of Rehab.I was talking with a local bank and receiv...
Hello all,
I am a teacher who recently purchased a good neighbor next door home from HUD homes on 37th and High St. It needs a lot of work. The house will need to be gutted most likely. There will need to ...