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As I get educated on RE investing, I've been drawn to the BRRRR approach as it most closely suits my long-term goals. I keep hearing from enthusiastic people talking about how it's the way to go, how one can lock up ...
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Hello fellow BP members! I have recently been looking into purchasing a property to flip, using private money to fund the purchase of the property. I plan to buy something that is in need of a moderate rehab, doing th...
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Hi All, I’m Interested in finding out more about DSCR LOANS. PROS/CONS???
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I have a question for all those who manage their own rental properties, I have managed mine for over 11 years now. I am now building my portfolio and also taking on clients for Property management, and I have found a...
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Want to start investing in rentals. Looking for advice on the process for getting approved for multiple loans. Do I need to show cash flow from each property?
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Ok BP here I go again...So for now my plan is to pull of the BRRRR method using conventional loans. For now I need to use not only my income but my wife's in order to qualify for a loan. My wife has been hinting at wo...
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I started making offers for properties through my Realtor, and each time I get an 11+ page document that needs to be signed.Is this typical, or is there a "short form" type of contract I can have her use? If I'm going...
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I am sure this site is full of answers regarding this question, but I need a little advice.I just picked up my fourth investment property. Once repairs are complete, I will have 50-65K equity. I am quite excited abo...
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Hey BP!I am a new real estate investor about to close on my first rental property in Metro Detroit! I also have a couple other deals in the pipeline, so I want to make sure I have the partnership structure that will b...
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I'm looking for insights and best practices from fellow lenders and financial professionals on how to effectively manage borrower relationships. What strategies have you found most successful in ensuring clear communi...