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hello BP communityI own a lake front rental property in the red hot upstate NY market that I'm using for STR. I'm cash flowing between 8k-10k a month. The house sits on a double lot so there is potential for developme...
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I am such a newbie at this type of investment, but am eager to learn. What's the difference between tax liens and notes??Thank you for your time
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This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
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I own a single family home free and clear, worth about $350k. I also have about $50k for a down payment. My FICO scores are 750+ and I have no debt of any kind. However, my monthly income is less than $2,000. Traditio...
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Hi All,Does anyone have a recommendation for a good lender who will do a HELOC loan on a rental property, when the rental property has a mortgage with another lender? I'm looking to see what I would be eligible to bor...
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hello BP! I was just wondering if it is possible to be able to leverage a property without a heloc or refinance to get capital for down payment for next investment property? Maybe something like collateral?
Need some help finding people that give second liens on rehab projects.
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I had an idea: drawing up a contract for a private money lender so we could use private money to buy properties at a sheriff sale. It would say something along the lines of "Private Money LLC agrees to lend $500,000.0...
So myself and 2 co-workers who all share a common interest in REI have decided to team up and form a 3 way partnership to help split the duties and financial risks between us. We have decided to use the BRRRR method.W...
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Morning fellow BP members, On the road to purchasing my first property. Spent months reading, educating myself, listening to podcasts, ect. I was wondering if there are ways to purchase a multifamily without the 20%-2...