Bradley Jernigan
What I learned what to do during the due diligence period
During the due diligence period of buying a multi-family building, it is crucial to conduct a thorough investigation to assess the property's viability and potential risks. Start by reviewing all financial documents, ...
Elvin Ames
PRIVATE LENDERS AND HARD MONEY LENDERS ARE NOT THE SAME. PERIOD!
I've borrowed over 10 Million dollars from Private Lenders over the past 14 years of investing in real estate. Private Lenders and Hardmoney Lenders are like night and day. A private lender does not need to initial kn...
Ricardo Navarro
I just refinanced. Does my 12 month waiting period start over?
I just recently refinanced my primary residence that I have lived in for 2 years but I want to convert it to now convert it to a rental. I am concerned that if I convert it to a rental I won't be able to get another p...
Carlos Sanchez
How do I get past the 6-12 month Seasoning Period
Newbie here. I just recenlty rehabbed a home and was ready to rent out but was told I could not refinance until at least 6 months. Is there a work aroud for this? What are other doing to avoid high percentage rates fr...
Account Closed
How do Sheriff auctions work? Are you allowed a contingency period?
Hello,
I work in investments but have never purchased a property directly through an auction of any kind. For Sheriff auctions, I have been told there is no contingency period and that the purchase is final. Is that ...
Amy Lin
Seller refused to vacate the property after closing and leaseback period
Hi all,I am in this very frustrating situation with this property I purchased from a wholesaler last month in Texas. When we purchased this property, the seller requested a 3 weeks leaseback and we agreed to it with a...
Brandon Kelly
How to get "seasoning period" income to count (on a BRRRR)
BP folks, thank you (in advance) for your wisdom. I'm trying to understand how a BRRRR needs to be 'structured' in order to have the income (during the seasoning period) count in my favor (and not against DTI). You ...
Daniel Mohnkern
Would you buy a property if seller refused an inspection period?
The numbers look great. It passes all the rules. Over a 13 cap rate! The 2% rule is well exceeded! It's fully rented at fair market with long term tenants and will cash flow nearly $200 per door. It even has bran...
Bryan Hancock
50 Reasons We're Living Through the Greatest Period in World Hist
I ran across this article today:50 Reasons We're Living Through the Greatest Period in World Historyand figured it was too good not to share with the BP community. There is a lot of complaining that goes on daily abo...
Jeremy England
How do people aquire multiple units in such a short period?
I am a former builder, did one flip REO property about 10 years ago, that was financed with my business line of credit. I've been doing research on house flipping and buy hold investing (mostly flipping). But anyway...