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Hi BP - Well I have successfully networked myself into an ideal situation to start my investing career. I am partnering with an investor who is going to be providing 100% of the acquisition and rehab costs to flip som...
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I am in the process of cash out refinancing one of my rental properties to complete the BRRRR method. The person doing my loan has offered me two choices:- 4.5% with 2 points or 4.875% with 1.375 pointsI have calculat...
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Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
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Hello! I'm wondering what to do in regards to a situation i've encountered and how to handle it. I am currently in escrow on a 4-unit property and am in the middle of the inspection contingency period. Following t...
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For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes. Certainty i...
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I am 35yrs old and currently own 13 rentals which produces a nice cash flow each month. All homes are financed with 20-30% Down and 15-30yr loans. I am I this for the long haul.What are the advantages of saving up and...
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I have a unique situation I rented to own a single family home in mass to a relative (lesson learned). The deal was we were to refi together but because of unforeseen circumstances I was unable to secure a loan relati...
Renovating a house involves a multitude of factors that need to be considered to ensure a successful and well-executed project. Here are some key aspects to keep in mind when undertaking a house renovation:
1. Budget...
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I currently have a vacant infill lot under contract. The offer to purchase contract is written in a way that specifically lets me assign and or market the contract to another buyer. But I am a bit confused on the logi...
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I’m looking at a house that has fire damage. The damage is mostly in the garage, attic and parts of the kitchen. This would be my first fire damage rehab. What do I need to know before taking this on?