I hope I can get the answers from many experts here2 years ago I bought a warehouseI made 2 loans1 SBA 504. $5millions2 Commercial loan from one bank $8millionsMy business went down so bad. I could not afford to pay m...
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I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
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Hi all,
This is my first time posting. I own a small 2 bedroom bungalow near downtown Sacramento that was built in the early 1900's. It is rented out and the rent covers the mortgage. The tenants asked that I call a...
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Good Afternoon - BP Nation. I have come across a situation which I am sure that others have faced before. The property I am looking at is a legal 2-family. Classified as B3-2 (NYC) which is a conversion to two family ...
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Hi guys,My name is Aaron Phillips, I was born in Kansas City and I have worked in the HVAC industry for over 16 years. I started off in in my industry at 18 years old working part time as a maintenance technician and ...
Early this year, the State made it easy for homeowners to add an ADU on their property. On a cap rate basis, it seems like a great deal for homeowners or investors who want to earn some extra income for their property...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $124,000
Cash invested: $40,000
This duplex was the perfect starter investment. We ended up working on it fo...
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Dear BP,Could someone explain the difference between Owner Financing and Lease Option, Or is it the same thing? Thanks in advance.
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Originally an illegal quad with kitchens and bathrooms on every level from basement to attic with 1 heat system controlling the enti...
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Hi I was wondering if I buy a house seller financing can I refinance it after I fix it up