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I need some help with figuring out the appropriate interest rate on an unsecured business loan for flipping.
For a secured business loan from a hard money lender, it seems the going rate is around 18% per year with...
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How do you message brokers and convince them to add you to their email deals and help you look for deals that fit your criteria? How would they take you seriously? Or do they just add anyone to their email list as it ...
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Been in the rental business for nearly 20 years. Had great experiences and the occasional bad tenant over that time. Right now my issue is in an older tri-plex in a smaller community (25,000 population). Unfortunate...
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Hi All,
This is my first post on here, but I've been doing a lot of reading on BP. What an awesome resource!
Anyway, I have a potential deal for a 5 unit property. The numbers are as follows:
Pur...
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I have been reading this forum for the last few months, but since I just got my first HUD foreclosure deal accepted this week it's time to plunge in and pick the collective brain of this community.
My in-laws are in ...
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An Alternative Approach to Appraisal Gap Coverage
Current State of the Residential Market
After the financial crisis of ’08, the eligibility criteria to buy a home in the United States became more difficult to adhe...
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Sooooo, I am looking at a house that is listed at 36k, surrounding houses 100k+, last sold for 130k+ about 10 yeas ago and clearly needs lots of work! Still able to live in it. I do NOT have the money to just buy it i...
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I just signed a purchase agreement yesterday, $305k. The seller is financing the deal until I sell my other home. We are hashing out interest rate and terms. I am interested in an amortized 30 year term with a 5 year ...
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Hello everyone, Mike and Sarah here!We currently rent in Belleville, NJ, and have an established owner-operated Pet grooming and daycare business, a bit further south in the Union County area. We have been working tog...
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I purchased an occupied duplex earlier this year in Mystic, Connecticut. It's a Greek Revival style building originally constructed in 1845. The location is very good (although it's in a historic district).The house i...