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Hello BP nation!I am going to buy a fix and flip with a partner and to protect ourselves, we want to get a contract between us that describes the partnership and how things should go in a 'smooth partnership'. I reach...
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Okay, I'm having a hard time understanding how draws work with a rehab loan from a hard money lender. The way I understand it is: I have to pay for the work initially. Then I apply for a draw and provide invoices. ...
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Hi I am trying to build business credit, does anyone know the requirements lenders want when approveing.such as business phone or is a second phone service app good enough.Address to business will I know it has to be ...
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My wife will be inheriting a 50% ownership (her sister the other half) of about 60 out-of-state rental units in the very near future. We all want to keep the properties and continue running the business and so I'm try...
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Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
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What are you guys all using for software? Between:1) Cozy2) Tellus3) RentRedi4) TenantCloud5) BuildiumThe list is extensive. I want something that produces easy to read financial statements, ability to collect rent, b...
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Hello everyone,
I'm using this platform to document our progress on our latest(and only) acquisition. Located in Vallejo, CA It's an SFR built-in 1941 & has a finished basement that we will convert into an inco...
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Hello all! Hopefully I’m posting this in the correct location. I have a fixer upper that we are acquiring. My plan is to use two sources of financing on this deal. One source being a hard money lender and the othe...
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I'm doing my due diligence on a multi family (5+ unit) apartment complex in Texas. I've only purchased a few residential personal residences in the past. Is it a good idea to use a realtor to submit an offer on the ...
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My wife and I are new real estate investors. In less than a year we ended up with three properties. We were planning to move from our home in Austin to an area with acreage lots. We found a sub-division in Hutto t...