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Hi everyone,I am interviewing several property management companies and wanted to make sure I am covering everything. Any suggestions on the specific questions I should be asking when interviewing them?Thanks,Kyle
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I recently came across some private lenders claim they can do 100% financing of the purchase price. They only charge 4-5% interest rate and no points. The loan terms are from 3 months to 30 years(interest only). It so...
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Interesting stories in May about Zillow going into the home buying business. https://www.geekwire.com/2018/inside-look-zillows-first-home-purchase-real-estate-media-giant-will-buy-sell-houses/21 day close, easy for s...
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Currently looking to hire a property management company but want to make sure that I'm not paying too much. I've looked at 2 thusfar with both charging a monthly fee (when there are tenants) but they also charge a "l...
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Hey everyone. I have some missed credit card payments on my credit history. I’m in the process of rebuilding my credit from the mid 5’s up to a better score. My goal is to buy my first property by then end of the ...
Hi BP Community,I'm just starting to analyze deals and I want to get everyone's opinion on how they conduct their analysis. I've used the BP calculator, but being that I am a financial analyst in my day job, it's bugg...
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Long time reader, first time poster. I'm building a portfolio of properties, have 5 currently which total 14 units. I'm about to form my second LLC. I plan to keep growing and will probably create more LLC's. I ha...
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Looking at carrying a note- Thoughts on getting the credit score of the potential borrower? I've heard some hard money/private lenders say it doesn't matter what the borrower's score is as it's the property that's p...
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I have been aware of the 10 mortgage limit on conventional financing as we moved towards it. We have 9 currently and one HELOC on our personal residence (no mortgage on residence). I previously understood that the 10 ...