Hi BP, I need help to understand seasoning and find different options in our business model.All right, what I understand is that seasoning is required when someone is buying a house with a conventional loan in order t...
I have good credit and pretty confident I could get financed if I tried. My question is. Is it wise or too risky to invest in my first property with depleted bank funds?
Hi Everyone! This is a tax/legal mix question. I'm curious as to what type of corporate structure(s) BP members are using when working with Private Investors of short term (Less than six months) residential home fli...
I’m exploring different ways my project could be funded. Below is a draft of some rough ideas. Thank you for your input and comments!I’m exploring different ways my project could be funded. Below is a draft of some...
For my first and only rental I acquired a property in excellent condition and financed it with a conventional loan. I have been renting it for a few months and have just been pre-approved to take on another loan.Howe...
Hey BP,
I'm Jay, a Real Estate Investor in Las Vegas, Nevada. I'm looking to borrow 100,000 from my great grandma to do a BRRRR deal. I'm not sure where to start with the contract. I want to make the terms of it sim...
Have you ever invested in a Reg D PPM for Real Estate Investments? Pro's and Cons?
I've got an unusual situation I've never dealt with before. I was contacted by a seller trying to sell her mother's home AS-IS (mother is alive, but in a nursing home with severe dementia). The mother is on Medicaid t...
Say there is a property up for trustee sale auction, being foreclosed on by the first mortgage company. The minimum bid is for the total of this first mortgage. The title search revealed two other liens. The title ...
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...