Zachery Hitchcox
When to put a loan application in
Hello everyone!I currently have 2 properties, but those were financed as a primary home many years ago. I'm beginning my investment property journey and I had a possibly simple question regarding "order of events". Wh...
Paul LaSpina
Refinance as an LLC?
Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?
Reda Eldehiry
What's the simplest way to structure private equity deals legally
I have multiple friends/people in my network interested to be private equity investors/partners in my flipping deals in WA. The agreement is that I will be receiving 20% of profit for managing a deal from purchase to ...
Account Closed
Why I Stick With Military Rentals.
Many of you may not know that the United States Military is only made up of 1% of America's population, with thousands of service members spread across the country and the world. For those who join it's a path to a ca...
Karin Crompton
Potential buyer has a USDA loan. What do I need to know?
Hey all,We received an offer on a property today in which the buyer is using a USDA loan, a product I'm not very familiar with (but will learn). To cut to the chase, is USDA similar to a VA loan in that the buyer is e...
Rich Weese
I was a fat kid, and I didn't get FOOD STAMPS!!
Just can't help myself on this one. Article out of Chicago today and front page here in Ft Myers . Fl. You've probably noticed all the fat kids walking around these days. I know why!! Food stamps.
12% of kids in my...
Alex Johnson
$30k to play with, looking for cashflow. Where do you go?
Subject pretty much covers it. I've picked up a few rentals in Denver in the past 2 years but I bought them as primaries, moved in, then moved onto the next one. Now I'm in a primary that I'm not going to leave for a ...
Account Closed
owner wants walk away cash for short sale
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...
Dustin Gott
FHA requirements/ house not closing
I have a property that was supposed to close on July 30th. The lender/underwriter keep coming up with last minute things they need and have delayed closing twice. They have had this in escrow for almost 6 weeks now. T...
Lawrence Kutsovsky
Looking to scale- Need advice!
Hello BP Fam! Typically not active in the forums but wanted to take an opportunity to reach out for all of your fantastic advice you guys usually give. My wife, brother and I are really looking to scale with our RE in...