Hello BP Community, I've found that the banks in North Jersey are unwilling to sell below market value on their REOs. I'm considering reaching out the recent Lis Pendes Foreclosures in order to negotiate a short s...
Hey glad to be here. My name is Alex. I am 28. I had no interest in finances until about a year ago. I read Rich Dad, Poor Dad and it changed how I looked at things. I never made more than about $13 or $14 an hour. Du...
Hello,I am wondering what is the best route to take if I am trying to form a partnership between myself, my dad, and my uncle. We will be starting off with flips, then possibly B&H. They will be bringing the cash,...
I purchased a historic 5 unit apartment building in Birmingham, AL and I am getting ready to start the work. I think my regular loan guy quoted me 20% down and 18% interest rate to get funds for rehab a while back. I ...
Im looking to purchase our first STR property. Is there a way to put less than 20-25% down payment and still rent it out as a vacation home? We want to use it as well but also off set the cost and rent it out too.
Hello everyone, I am very new to this forum and excited to learn. I have a simple question to ask, and realize the answer may be to speak directly with a mortgage lender, however I am wondering if anyone knows first h...
Hello all, I currently own a 5-unit, and two single family homes, and have my real estate license. I just got approval for funding that will allow me to purchase 8 single family homes, and generating about 9k in incom...
I’m a new investor with a W-2 and 1 STR purchased in 2022. Looking for an affordable tax prep service. I’m not afraid to spend the money to work with a pro, and thoroughly understand you get what you pay for, but I’m ...
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
A am a licensed RE agent and have rehabbed one property years ago prior to the housing crash. My wife who is also an RE agent was contacted by a friend of ours that asked about opening a HELOC in order to purchase a p...