Christian Menchaca
Investing with family
Hi, I’m new here thought I would ask what’s y’all’s experience in investing with family. My cousin who ownes and runs construction company asked me to invest in a property he got under contract for 500k I have another...
Garreton Smith
Major unexpected repairs with current project
Hey BP Fam, Currently in a really tight situation with one of my projects and could use some advice. One of my projects that was supposed to be a gut cosmetic job has turned into a foundation nightmare. I need extra f...
Scott Bogue
Advice needed on Flip Disaster
Need some much needed advice and path forward. I bought a wholesale property last January using a hard money loan with 80k in renovations. My General Contractor ended up being a horror story and stole money as well as...
Melissa Kirchhoff
HELOC, Personal Loan, Hard Money?
Of HELOC, hard money, and personal loans, is there one that would be better than the other and why?Here's my situation:I've got some good equity in my home currently, but I would like to sell in around a year or so an...
Chris Stuehser
Can I use a physician loan to purchase a duplex?
This is my first post, but I have been lurking for about a month now and I am enjoying the discussion and appreciate what I am learning from this forum. Thanks to all for your contributions.
Here is my situation. I a...
Jay Cashmere
Loan sold to Kondour during loss mitigation process
I had some financial difficulties in 2019 and defaulted on 3 payments. I was offered forbearance for 6 months in 2020. My financial situation improved in 2020 and have been making regular payments since 10/20. A few...
David Little
Partnership Financing Questions
My friend and I are looking to purchase our first investment property to basically prove concept. Our primary strategy is STR, but we have backup strategies if that falls through.
After much discussion, we do not int...
Richard Pallarino
Funding for an Airbnb
Hi BP Fam! My brothers and I are trying to buy an Airbnb in Florida. We keep getting stuck as we have the cash to put 10% down plus closing costs and 6 months worth of reserves. However, we don’t have it in one accoun...
Carol Labbe
Cannot get loan because of COVID-19
Two months ago we closed on a multi family property. We purchased using our home equity line (HELOC) on our own house. The plan was to purchase with our HELOC and use credit cards for repairs. We applied with our loca...
Drake Pristash
Mobile Home Investing
Hello,
Beginner investor in real estate, I am reading the book "How to Invest in Real Estate" by the two guys who run this. I saw a couple of things that interested me, simply because of my money situation. I am a co...