Hi,It seems that most people use "hard money lenders" or "cash" to acquire BRRRR properties.Is there a problem with using a traditional interest-only mortgage? The mortgage calculator I have uses regular mortgage by d...

Hi BP, 
I am purchasing $250K condo and the owner willing to give seller financing (the owner never done seller financing). what’s is best to structure owner financing? Is that same like financing to the bank (20 per...

I recently had an offer accepted for my first rental property. Its a duplex outside Milwaukee WI which would cash flow about $600/month. After putting $2500.00 in Ernest Money down and being pre approved for a traditi...

Hi, would appreciate any referrals for a mortgage, we currently use Bank of America for our 1 and only rental as well as all our deposit accounts.  We are planning to purchase a quad, will live in one of the units.  W...

I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...

Hi Need expert advise. A partner and I are in the process of buying a property. I live in New Jersey, my partner in Denver and the property is in Denver too. Since this our first property together, banks are not willi...

Greetings BP Friends!I am currently having an attorney set up a holding company and an operating company for me. We've discussed various options like Series LLC, land trusts and even setting up LLC's out of state (Tex...

Hello BP Experts,

I am about to start a BofA short sale. The property is a 4/2/2 in a good neighborhood. The balance on the loan is $97,000 and the house is worth $100,000 after repair. It will need some updates. I h...

A recent poll, as seen on Bank Innovation, revealed that the banking customers 35-year old and younger are inclined to use non-bank services like Square or PayPal over traditional banking services. Square is a paym...

I'll start off by saying I'm a newbie.  I love BP!My wife and I are looking to fund our first deal.   We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...