Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Account Closed
Home sellers would no longer be forced to pay up to 6 percent commission to agents
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Ray Adams
Where to contact lenders
Where to find private and hard money lenders in Minnesota?
Bryan Beal
COVID-19 vs. Basic Freedoms
Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...
Jingru Sui
Is contactless mobile notary possiable?
Hi BP peeps,
I have a buyer in CA that's going to close a house in GA. So mobile notary is needed to sign closing documents. Just curious what's the mobile signing looks like? If the buyer requested you to mark ever...
Dan Weber
Motel Investing & Going Contactless
Hi All, I'm calling out to everyone that has been investing in motels and hear more about their experience with it. I'd love to know if anyone has bought a small motel or inn, 6-20 units, and been able to turn it into...
Stephen Mcnulty Jr
Need Advise on quick turn around
First ever question so thank you in advance. CT resident looking to purchase an investment property around February 2023 . I want to use a 203k loan . Looking for property’s well under market value. 3-2-1 families all...
Jessica Ashton
Loan Assumption, About to start the process, Trying to avoid costly mistakes
Pro tips needed. I am about to start the loan assumption process as part of my divorce decree. I would appreciate any tips on how to: 1) Ensure that the process goes smoothly and as quickly as possible. 2) Avoid any ...
Frank Contreras
How to prequalify for refi on out of state BRRRR ?
Hello .
I'm new to BP Pro . I'm looking to invest out of state . I would like to get my refinancing approved before my first deal. Any suggestions where to start? I imagine i would need to contact lenders in that sta...