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We recently had a hard money lender back out of a land purchase deal we had under contract a week before closing date. We had already extended closing by thirty days at this point for due diligence as the property wa...
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I've been speaking with a woman who is in pre-foreclosure, with an auction date at the end of May. She seems utterly unconcerned about her pending auction.How frequently do foreclosures get a stay in Longmont? The web...
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I have noticed that Navy Fed has some interesting loan products. One is a 15% down investment loan. Has anyone ever used this? Another is Vet specific - a 0% NON_VA home loan for owner ocs. It has a higher interest ra...
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Unless you’re independently wealthy, when you purchase real estate you’ll need a real estate loan to close the deal. Such loans, usually called a mortgage, is the fiscal vehicle by which property buyers finance their ...
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Hello BP community! I am a first time landlord that owns a duplex in Denver. I live on one side and rent the other side out. After purchasing the property at the beginning of 2020, I did my due diligence to screen and...
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My wife and I are new to the fix-and-flip business, and we could really use some help. Four months ago, we bought a house in Decatur, zip code 30032.We thought we had everything sorted when we hired a contractor to re...
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When people talk about being leveraged at 50%,75% or what ever what number are they using to determine that. Original purchase price,current value or something else? Just use my example I have a mf property that I pai...
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Hi guys. I’ve come across a deal which I like, that has good upside. The only issue is that the most of the tenants have short lease terms, <5yrs. How do you go about a deal like this? I am guessing the bank wi...
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Hi Everyone,I have an investment house in Las Vegas I want to sale it, and I will incur almost 250k capital gain. Since it is an investment so I dont get the tax exemption on it.So is the only way to avoid paying hef...
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seriously. I try to be polite but these guys just don't stop talking. Driving me friggin nuts. Thinking of starting a website that connects mute contractors with investors.