Dustin Beam
Too much, too soon? (Experienced advice requested)
Hello beautiful people of BP,So I'm a pretty new investor, purchased 12 units two months ago. They have kept me pretty busy as I try and develop systems and meet people that can keep me from fixing all the little prob...
Davin S.
Cash-Out Refinance or No?
Background: My wife and I own a 4 unit property. We live in one of the units and rent out the other 3. We purchased the property just a little over 8 years ago at $189k with 25% down at a 3.75% mortgage rate for 30 ye...
Nathan Dujanovic
First flip in NE Ohio - Cash or finance??
I am looking at purchasing a foreclosed home in cash for 73k with 20-30k in expenses including renos with ARV of 125k. I have a great realtor who knows the market and is confident in the ARV. I have walked through the...
Darren Rogers
Stuck with financing headaches
Getting a heloc loan from my commercial property to have my partner ( my brother ) purchase our next investment. I was going to gift him the money for the down payment but we are told we can’t by multiple banks. What...
Kyle Curtin
The Power of Mass Save HEAT loans!
The power of Mass Save HEAT loans!
The Mass Save HEAT loan is an absolutely phenomenal tool to keep in your back pocket as a multifamily investor, especially if you have multiple boilers or furnaces!
What this HEAT...
Dale Line
Rent first then flip?
I've been considering a strategy of buying properties that I can rent out (with minor rehabbing), continue improving the property while it is a rental (taking advantage of the business expense tax deductions) and then...
Danielle Desaulniers
HML and Cash offer
Hi everyone,
My question is this: I am in the process of purchasing an REO (my first one), we told the bank it is a cash offer but the money is coming from the HML. Is that really a cash offer?
Also, the bank wan...
Clayton W McGehee
Where to put money?
Hi, I am currently looking for a home to buy to use as a rental property and that process may take a week or 6 months I am not rushing into anything when I see the right place I will know it.Now on to the point of thi...
Grant Greene
Fix and Flip with Somebody Else's Money
You're a fix-n-flipper, and you're successful. The only thing keeping you from acquiring another property is you're waiting for your current project to sell. Another downside to it is you have to come up with 25-30%...
Nick J.
Sometimes, Life Comes full Circle
This may not be worthy of posting to some but I just had one of those, 'ahhh, this is pretty cool' moments.
Years ago when I was getting started, I was attending a lot of meet ups, seminars etc... like most newbs do...