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I'm pretty fresh in the real estate world, but am looking to expand over the next couple years. My first property was a condo that I lived in and rehabbed. There is a HELOC on this property that will be used for a fut...
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I currently live in the SF Bay Area, San Jose,CA- to be exact. I have some money saved up 10k and have a credit score of 750-ish. My ideal RE strategy would be to Buy and Hold property for Cash Flow. I feel like I hav...
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Hello Everyone, I am pretty new to this forum and I am seeking help on how to get my business to grow. I do great work but if something goes wrong I always come back and make sure it is right. I am looking for guid...
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I’m 80% through my first BRRRR in Indianapolis. Prior to closing, I established with my lender that I would be buying the house for cash at a discount, paying the contractor at closing and recording it on the settleme...
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Hi everyone! Have you thought about using cost segregation to maximize your tax savings?Have you looked into cost segregation services but found out they cost too much? I am in the same boat. To make my life easier, I...
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I have a potential borrower asking for a HML. Our good friend and mentor Jay Hinrichs suggested using the 3 C's for underwriting: character of the borrower, capacity to repay the loan, and of course, the collateral.He...
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Hello BP NationI’m a California real estate broker, Im not sure how to make a long story short I’ll really try because I do value your time.Land infill and development primarily re-use (commercial – residential)proj...
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Hi All, am hoping for some feedback here.I am comparing Astoria in Queens against what I think as similar neighborhoods in Brooklyn, ie Bed-sty, Bushwick, Crown Heights.If it is up to me, Astoria would be my #1 choic...
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Hello, I am newbie investor looking into Indianapolis turnkey properties and was hoping for some feedback on the location of the turnkey. I have looked at several turnkey properties online and I was wondering if the d...
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We are looking at stepping up our marketing to send out more direct mail pieces and wanted some feedback about whether letters or postcards are more effective in getting motivated sellers to call.We would appreciate a...