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I just bought my first property cash with hard money from a family member. I want to pay them back ASAP and would like to know the best way to go about it. Should I apply for term financing or cash out refinancing? ...
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Hello BP,I am under contract on a SFR for 187k with an ARV around 325K. Right now I have a private loan with a 10% return on their investment. So when we are done flipping the home we will owe the private money lender...
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Hello, my name is Christian and I am 23 years of age. I've been reading and listening to many podcasts about how to start investing in real estate and have decided to start looking to purchase a duplex and use this as...
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Purchased property that has this exterior foundation problem. Does anyone know what it involves, hoW much to fix (approximately), and how emergent it is to fix?
The basement doesn’t appear to have any problems with...
I'm 20 years old and playing a sport in college, I currently do not have any credit history. Would I be able to get a hard money loan if I used a guarantor with a high credit score? Of course my deal would have to be ...
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Hello, everyone. Could you please help with a capital gains question?Owner: 70 yrs-old, New Jersey resident, annual income $70,000 - married.A 2-story building with 1 store + 1 apt in New York purchase price $10.00 i...
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Hey BP! I've been doing a good deal of networking in my area but I want to meet more people that have real estate in their vision and goals! If you're in Cleveland, and you're a real estate investor, please connect. I...
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Hello, new investor looking to get into properties asap. Have enough cash for my first one, so a line of credit is not critical to me moving forward. However I was really dead set on using a HELOC just so that I do no...
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Please, I have a problem that may be better understood by expert landlords. I used my purchase price on a multiunit residential property, minus land value, for the cost basis of my rental property. However the purchas...
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I have a house that is currently under lease for 6 more months to a tenant on section 8. I just put the house on the market but am wondering what would happen if someone wanted to purchase the house as a personal prop...