Patrick Hancock
Private Money Partner Question
Hello,
Partnering with a private money lender to assist with down payment on a duplex. He will receive a return on his money for seven years but no equity in the property. His question was how secure was his loan. ...
Rick Hernandez
FHA Short Sale Offer and Approval...how much longer can this take
Hello all, on Jan 25th I made on offer on a short sale. Location is good and home was much larger than similar homes in the price range. Sellers finally got FHA approval for the short sale on April 25th (90 days exa...
Trevor DeSimone
Promissory Note Written to Investment Group
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...
Nicholas R.
Note investing book?
Hi All,
Not sure if this post is in the right place.
I am monitoring and reading through the tax lien, and note forum here on BP. In addition to that I was wondering if anyone knew of a good book for be...
Steve K.
Rental, turn negative cash flow positive with 401k loan?
Hi.
I have a 1950s SFH property purchased back in 2005 for $178k. Zip code 98310. Population growth, total about 5% during the last 10 years. It has a detached two car garage. Decent sized land. Unfinis...
Micah Thomas
Pulling Equity Out of Investment Property.
Hello all, I hope Thanksgiving was fantastic for everyone. I am generally new to real estate investing, but I want to really get into it. That said, I own a house in Jacksonville, NC which was a primary residence. We ...
Ron Calloway
What next? 2 CFP Rental Properties and looking toward the future
I'll try and make this as clear as possible. I don't know what to do next:2 Cash Flow Positive rental houses Rental A: 66% loan to value, 2 year lease with good tenants, net income: 500/monthRental B: 37% loan to valu...
Mychael Reyes
What would YOU do with so much equity in a new build first home?
Hi guys,
So I'm in an interesting position. My wife and I bought our first home, a new build back in Feb 2021 in Queen Creek. It is still under construction, haven't even gotten to a pre-drywall inspection phase. We ...
Ryan Leake
STR Data in Austin, TX - # of Guests, Average Daily Rates, Occupancy %...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Harris L.
What should I do next with a condo if hoa is increasing? quick analysis & discussion please.
Before coming to BP I bought 3 condos with HOAs.. and I'm realizing now why many people don't like properties with HOA... I have a question related to this.. one of HOAs have been increasing...started off at $278-4 ye...