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Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
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I have an applicant who looks like they could be a good renter, but has a few negatives (already discussed in the thread linked to below) and so I've decided to approve them, asking for first + last month's rent in ad...
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Are there any hard money lenders out there who don't charge points up front? Seems like the points would be subtracted from the loan amount, but a few lenders in my area (DC metro)
want me to bring the points to closi...
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To the BP management team and all the followers,
I just want to thank you for all of the great resources that BP provides. I really enjoy the webinars, podcasts, blogs, and forums that BP provides for their communi...
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If deciding to BRRRR a property ($100k example), and using a hard money lender, are you needing to finance/borrow the entire purchase price ($100k) of the property or only finance/borrow a percentage for a down paymen...
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Good Morning! Control your morning and you control the day! I would just like to start a discussion on what the upfront costs are in investing in multifamily real estate. I am a knowledgable investor but not experienc...
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Am rehabbing a duplex that I purchased out of state. This is my second deal and am still a newbie REI. I found a General Contractor on Craigslist who wants 50% payment upfront before he would start the work. I did es...
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Is it a good idea to accept a full year’s rent up front for a one-year lease? We have a potential tenant selling her house, so she will have cash to pay. Otherwise her credit score is too low, which she says is becaus...
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We have a rental opening up Nov 1, and have one applicant with a credit score of 790 offering to pay the full years rent up front. Red flag?Thank You
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Hi everyone - I'm potentially going to get into my first investment property soon (duplex), and I know there are items that must be repaired and I can negotiate with the seller. I also know there will be a need to inv...