Just starting out in real estate. Biggest issue I have is lack of funding. I have two directions I could go and would love guidance and opinions from more experienced investors. Option 1: Make connections with other i...
I recently found a property that I would like to rehab and sell. However, I can't finance it myself and I am in search of a PML. My questions to the BP community are: do you have to put money down (if so, how much?) a...
Hey BP, I was wondering what I can use a security deposit for, in terms of repairs. I currently have a house that is going to need ALL of the rooms repainted upon move out. The question is, can i use the security depo...
Hello all! First post. Excited to be a part of this group. I have some experience in real estate investing and buying and selling my personal home, but all this experience is with traditional lenders. I am talking w...
Hi! My contractor is requesting a third of total renovation cost as down payment - but I've hired him for labor only (I'm providing the supplies etc). I would feel more comfortable paying a normal labor rate as we pro...
Pay the HELOC off in it's entirety , via doing a Cash-Out refinance I currently Have a $20,000 HELOC on my Primary ( opened it , as of March of this Year ) I have $13,000 left , and am planning to use the remaining $...
Hi everyone! I am looking for some guidance on inherited tenants in Florida and would love to hear back from anyone who has any experience with inherited tenants.I am getting ready to close on a fourplex in Jacksonvil...
Let's say you found, on your own in a 3rd world country, a very bright you want to hire as a virtual assistant (or, more accurately, as a Virtual Vice President of Marketing), and who doesn't know about oDesk, eLance,...
I'd put it at a 90% certainty that the fed will raise rates .25% today, but what will they do over the next 12-24 months? I will argue that very little will happen in that time period. Perhaps 2-3 more quarter point...
I have a tennant that is scheduled to move out at the end of September. They have been in the house for 16 months and part of their rent has been a $50 monthly charge for 2 pets ($25 each). When they move out, I wil...