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Investment Info:
Single-family residence buy & hold investment in Poughkeepsie.
Purchased because it's .5 miles from Marist College and withIn a few miles of Dutchess Community College. Will be student h...
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I am looking at two homes on one piece of land. How can this be financed? One of homes is rented the other is vacant. Thanks in advance.
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Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
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Hi everyone, I'm new to the site but I am a long time listener of the podcast. Anyway, I am transferring to a University soon and will be pursuing a degree in Business Administration and I have the option in specializ...
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I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
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Question: Would you rent to someone who gave you a false contact for their current Landlord?Background (Story): Potential Tenant looks at place, Likes it, fills out application, and wants to move right in. I call the ...
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Hi BP group,I am interested in seller-financed deals, and I have two questions you might be able to help with:1) Is it possible to refinance a seller-financed property through a bank or other traditional lenders?2) Wh...
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Looking for recommendations on which online portal I should use to take the broker exam classes to qualify sitting in for the exam. Quality, simplicity and user friendly is what I’m seeking.
Also, what’s the best pr...
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Hi - I’m interested in purchasing land and then build and use for rental. What are the pros and con? How do I approach it in a financially smart way?
I’m currently in a new home myself but I’m delinquent with my mor...
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Hello BP!I recently bid on an online auction property and finished as the highest bidder. I increased my EMD to 10% of the price within 24 hours. I’ve then signed the contract. Unfortunately, the property didn’t appra...