We are entering month 5 of our first BRRR deal and are preparing for the refinance. When we purchased the house, there wasn’t an on site appraisal (I assume they went off comps), which was fine at the time because it ...

Hello! I was curious if any of you have raised debt to purchase a property before? Personally, I find it much more attractive than raising equity. I was thinking about raising debt for smaller properties, up to 100k. ...

Hello,If someone qualifies for the CalHFA mortgage loan. Should they go with the 6.25% and/or 6.625% mortgage rates they have advertised online? I am not sure the difference between the two rates on the program. Or ar...

I was a commercial banker for over 20 years. I see some posts on here that are either against, adverse or just highlighting trepidation's about using commercial financing for residential deals. I'd like to demystify...

Hello BP! I have a family member that’s willing to lend money from their HELOC for my next deal to cover rehab costs. I’ve never used private money and was wondering how I could structure it? 

I am going to be moving in the spring and will begin renting out my current place of residence at that time. Working on getting everything in order. Has anyone ever made a "Homeowner's Manual" to give to the tenants w...

I'm in the process of analyzing a 22 unit apartment complex and when I requested from the seller his income/expenses and rent roll, he sent a couple of excel spreadsheets. My question is: are spreadsheets received ...

I have a friend who owns a house in Springhill Florida  she is concerned that she doesn't own the house. The bank back in 2011 told her the house was in foreclosure but no records are showing of this at all. The guy w...

How often do you inspect your rental homes?

Spoke with an attorney the other day (who is apparently an investor too) and he is adamant about always recording the deed upon purchasing.  The reason being that if the deed is not recorded, what stops the seller fro...