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hey BP family, can anyone share some pros VS Cons on a conventional renovation loan? this loan option just seems to good to be true
I am touring a 20 unit apartment building this week that was just listed for sale. Decent asking price for a value add investment that is currently renting at 58% of market rates. Plan is to renovate unit by unit, shu...
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Background: I'm working on buying an owner occupied home through conventional loans. Due to DTI (child support, etc) we move all my husband's debt to my name. He and a friend are the actual names on the loan and I'l...
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Hi,
I am a new real estate investor based in LA. I have recently closed a townhome in LA and producing some cash flow out of it.Now I feel am ready for another investment, but I don't have enough cash to put 20% down...
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Because I want to keep my day job for now I need to find someone to help me take care of the day to day in the flipping department. I have a dinner set up with some clients of my wife. They are looking to get into fli...
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Private money, non-bank lenders may have a tremendous opportunity to fund FHA loans in limbo this year. And you may be asking, what will happen to all of the FHA loans with the government shutdown? This looming que...
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Hi all,I'm curious if anyone in Texas has had success with financing the down payments and/or closing costs of creative finance transactions like seller finance or "subject to", where the lender (owner/bank) would mai...
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hello~ seeking guidance regarding "start up" deductionsOur 1st rental was in service April 1st 2014. We spent OVER 5k to prepare the home to be rented. These funds include things like utilities, materials for plaster...
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Two houses, two new HAVC systems - checkone house, new roof - checkone apt: drywall, bathroom remodel, and other $1k+ "refresh" efforts - checkEven though the monthly cash flow is fairly strong over monthly costs (mo...
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I've been in Real Estate Full-Time for 6 Years. I got started Wholesaling and still use that as one of my main focuses. I am also a Turn-Key provider. We oversee the whole process from Acquisitions, Renovation, Tenant...