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Understanding Private Money Loans
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Corbin Lane
Never trust a contractor who…
What are some red flags you’ve noticed when hiring contractors? What are some of the nasty games they’ve played with you?Based on a few bad experiences, here are some that give me pause, especially when there are more...
Scott L.
I've got one, How the heck do I buy the second property?
Forgive me is what I am asking is obvious or stupid. I followed what my mentor told me to do, to a T. I set up and LLC with my wife and my name on it. Got a commercial loan in the name of the LLC and purchased a pr...
Troy DeLong
Self-Directed Solo 401k
I've been self employed for a little over 3 months now and am looking to move my Vanguard 401k funds (formerly 'employer sponsored') into a Solo 401k account so I can use that money to invest in Real Estate. Is this ...
Mark Malevskis
FHA Loan Question Regarding 75%
Hello all, I had a question about the FHA 3.5% down payment loan. To my understanding, for instance if it is a 4 unit property, to qualify for this loan, 3 of the 4 units must cover the entire mortgage. Does anyone kn...
Garrett Pickering
Getting started in RE with no capital
My name is Garrett Pickering and I am 19 years old. I am about to obtain my RE license and I am looking for capital to invest into buy & hold properties. I am wondering if it would be a smart idea to make the capi...
Tony Guarino
Should I wait to buy my first property?
I'm going into my senior year of high school and want to get started in real estate as soon as I can. Should I buy a property once I turn 18, or wait until I'm out of college? I'm planning to buy a multifamily unit...
Nicholas Alves
Tampa/St Pete Contractor
Hey Guys! New to the BP website but I've been a long time listener of the podcast. Just recently moved to the Tampa area and starting my real estate journey with my girlfriend. We purchased a single family home toge...
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What are reasonable rates and terms for loan?
I'm in the negotiation process on the purchase of an office. Looking to pay 100k or less. I have great credit, enough income to cover monthly payments. I plan on buying this to rent out. So far I've been told they wi...
Matthew Ladner
Commercial lending based on the property
In Mobile,AL area. Looking for any recommendations on banks that will finance mostly based off of the commercial buildings output rather than my personal info. I'm 22 and recently out of school so I do not have the mu...