I am going to start looking for private lender partnerships. I would borrow the 20% down payment from the private lender and get an 80% LTV 30 yr fixed mortgage with a hard money lender (~6.5%). I would repay P&I ...
Hey everyone,I started my business about 3 months ago and have been fortunate enough to hit the ground running. Recently closed on a lot in Coronado Island, which is in San Diego. The lot has two 70+ year old cottag...
Hey guys,I've been trying to research this on the web without much luck ... and then I remembered that there's this site called BP that I'm a member of!I'm trying to learn more about the process of working with builde...
I signed an exclusivity contract with one agent for 6 months to try her out. She is a retired real estate investor of over 30 years and currently runs a bed and breakfast and a rental. We've seen a few houses and I've...
I recently received an email from one of my friends who works in real estate. He fears we are in a bubble and it could collapse at any time. The following is his message.Hi Tom,I had a good call with my friend John to...
The house I bought had a strong pet odor, cat urine, and as part of the scope of work, I asked contractor to eliminate that odor, however house was repainted and work 99% complete, but odor came back. Contractor assur...
Hi all, can anyone provide me with details about the Northern Charlotte, North Carolina housing/rental market, specifically for cash flow purposes? A potential real estate investing partner from work recently suggeste...
My wife and I purchased a property in Gulf Shores back in March to run as a STR. We are self managing remotely from Denver and are doing quite well for running such a short time. We are already Superhosts and are curr...
Hello All,I am a new to REI, in the sense that I have not done my first deal yet, but I have a plan. I am also soaking up additional information here and planning my networking process, but had a couple of questions....
So the other day at the foreclosure auction, the bidding was going hot and heavy on a property until it ran up so high that all of the experienced bidders stopped bidding. It was down to just two bidders now, going b...