Hey BP, I'm going to be brief here. I'm planning on purchasing a primary residence in Cleveland, OH between $85,000-$100,000. I would then get a hard money loan, $10,000-$20,000, to rehab/update the home. Can I the...
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I'm closing on my first rental property tomorrow. The first thing I want to do after closing, is change the locks. I've heard that in Texas, a rental must have a single sided deadbolt (where the deadbolt locks ONLY...
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I don't know much about buying homes at Auction but what I do know is what a smoking hot deal looks like.... I found one now what??????
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Hey folks!
Newbie/future investor here. I actually live in McMinnville, Oregon but I work as an
HVAC/R tech in Portland so I spend a lot of time on the road inadvertently driving for dollars. I've been to a couple RE...
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Hi, I have a question regarding financing on a BTR project I am working on. How does land value affect LTC calculations? Here is the scenario:
We own a piece of entitled land (free and clear no financing on the land)...
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It’s 2021 so I know someone has the best way for tenants to pay rent. Ideally, I’d like mine to pay electronically! But what is the best way? I want the money to drop into an account that is associated with my rental ...
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How structured is this method? for example, who pays closing costs, seller or buyer? I've been researching how to put a deal together for a potential seller. this is what i have so far: the sell price is around 300,...
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Hey BP peeps!New to this whole deal . . . have an idea/strategy, want to see if it holds water:Find a distressed/undervalued propertyCome in as a "cash" buyer, using Hard moneyGet the rehab work done with said hard mo...
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Hi,If you take out a hard money loan using a property as the collateral for that hard money loan, in order to pay off that property's mortgage, does the hard money loan act as another mortgage against the house once t...
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Good afternoon,
I have a slightly unique investment opportunity and I am searching for lending. Please let me know if you have any solutions. The property that I am under contract for encompasses four houses across t...