I am a first time home buyer living in New Jersey. Ive heard of people using a strategy and was curious if anyone had experience doing so. If possible without getting jammed up by the housing authority, I wanted to pu...

A topic I constantly hear being debated about is syndicating through family members. What is a smarter business decision? Seeking hard money lenders for your first deal or asking friends and family to financially back...

Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...

There is a lot of hype in the BP forums about the devastating effects the impending ‘crash’. It seems that this crash will have a negative impact on home buyers, but not investors. Do we really need to be freaking out? 

Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...

Hey everybody, I am not even sure if this is the right question that ask, being a newbie, but I was listening to one of the podcast and they mentioned portfolio lenders. I would not even know how to start a conversati...

Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?

Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed.  They understand that it would h...

In the realm of finance, understanding the intricacies of various loan options is paramount for both borrowers and lenders alike. One such type of loan that plays a crucial role in commercial real estate financing is ...

Is It Still Possible to Get a Mortgage With Zero Down? Yes – and Here’s HowWhen it comes to investing in a mortgage, the down payment is key in making your investment a reality and proving to lenders that you’re a saf...