Grant Anderson
Loans to LLC for Rentals
Hello Everyone,I am new to BP and this is my first post. I have a few rentals with a partner, currently we have two, are under contract to buy two more, and should have at least one more by the end of the year. Curren...
Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Tommy C.
How to use DSCR on a mortgage for an STR?
Hey BP!I need some help from the pros with my question here: How can one use DSCR to qualify for a mortgage on a short term rental property with no trailing 12 month income? (i.e. new builds)I understand that in a typ...
Matt Wignall
Mid-Term Rental 3-Month Lease Superior, WI/Duluth, MN
I have a fully furnished home in Superior, WI. 4bd/2ba 2200 sq ftShould I include…..Utilities? All of them/Some of themBedding? Do I need to supply sheets, Blankets and Pillows?How do I structure the utilities in t...
Daniel Johnson
Wholesale contract for land trust agreement for sale (Illinois)
Hi BP community i need a little help on what exact contracts i can use to wholesale a Land contract agreement for sale deal. Im sure the typical one page wholesaling contract will not work with the added terms of the ...
Dillon Ramsey
Hard money and private lending
Hello, Can anyone provide the common terms for hard money and private money lending? We’re mostly looking to use private money to cover rehab costs and pay it off with the cash out refinance. Family has offered so w...
M. Greger
DSCR Rental loans interest rates and loan terms
What are the interest rates and loan terms typically associated with DSCR rental loans?
William Holland
RV Park Spacing
Who all has ever acquired a property and built an RV park?What are some of the lessons learned and things to watch out for in that process?What is the typical cost of septic/space? How many spaces per acre can be acco...
Han T.
Sale and Leaseback Deal
Hi BP Peeps, have anyone done any Sale & Leaseback Deal before? What I mean is, you have bought a property from a seller and lease back the property to the seller to stay? What are the things to take note of? How ...
Danielle Rosenscruggs
Newbie Investor Guidance - Detroit - City or Suburbs?
My husband and I are looking to get into REI but feel a bit overwhelmed. We are hoping to invest around $50,000 - $75,000 (e.g., downpayment, closing costs, initial maintenance), would like to be somewhat local (we li...