How does closing work? Do the Seller pay for the sellers closing cost evan though you promised them a certain amount of money on the P&S, or do the end buyer pay for all closing cost?
Hello BP,Had this possibly fall in my lap and I'm looking for guidance on next steps. Quick background, I’m still very new to REI. I haven’t yet purchased any property, I’m still in self education stage. Today I was t...
Hello BP!Can someone please explain to me IN DETAIL how Hard Money loans work? I understand that they look at the ARV of a property and then lend you x% of that (usually 70%), but what are the actual steps of getting ...
I’m writing multiple contractors in my area. Ones with good portfolios, before and afters, etc. I’ve had two reply with “not interested”, “I don’t do this type of work”. Then I go back and they clearly do this type of...
Hey Everyone,
Just wanted to get some feedback from anyone that has used lower.com to get a HELOC - They seem to have good reviews online but wanted to hear from BP folks on their experiences.
Thanks!
Hello Lenders and Borrowers: I'm seeking various examples of term sheets from experience lenders and borrowers. The specific details are not as important as the language used to document the terms. Would be gratef...
Hello everyone! Has anyone purchased a condo in Houston near medical to do a mid term rental? I have talked to several condos with HOA and they are all telling me they require a minimum of a one year lease in order fo...
When working with Brokers. Some send LOIs, some send contracts.
Can people recommend the property investigation sites they use? I know there are some out there like Property Shark. I'm looking for one that I can use short term to view accurate and detailed information on propertie...
I just purchased my first Short Term rental and am looking into Smart Home Devices. (Keypad lock, thermostat, etc) I have ring at my own personal home, I know of another Host who uses Google Nest. I was curious on any...