So the way I have my real estate loans structured is a 7/25 intrest loan with a balloon payment after 7 years. The discussion keeps coming up as to wether during those 7 years I should put any cash flow towards the p...
So over the last few months i have been gearing up to Flip some homes. I have 1 hard money guy and a private money guy as well. I have been building for around 10 yrs now. My question for this community is.
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I moved my business banking to a portfolio lender about a year ago. My intentions were to build a relationship with this small, local bank in order to cash-out refinance some properties down the road. Basically what B...
Hey BP Community! I am new to real estate investing and excited to get into wholesaling. What are some marketing strategies I could use to find distressed sellers? I know about bandit signs and direct mailing but what...
Hello fellow BP'ers, I have a slight issue at hand right now. A few months ago, I acquired a solid deal - 2 two-families that are adjacent to each other in Paterson, NJ for $125,000 each. They were off-market and I kn...
Neighbors hate them, we've all called the city and police repeatedly. Police say they are on their radar. I went out and talked to the landlord when she was there recently and some guests of the tenant happened to arr...
Hi all, first time to post to the forums. I've been quietly studying and lurking for almost 6 months while stock-piling cash from the busy sales season for my industry(OND!). I've now got some time to breath for a c...
Hi everyone! As a financial advisor having a diversified portfolio is essential. Is that the same with real estate investing or is there actually more risk because you will have a difficult time learning and exploitin...
I'm about to sign a contract on a 4 family in upstate NY. The price is $170K and I'm using an FHA 203K with 3.5% down. Here is the math: Rents $37,200.00 Mortgage $11,748.00 Vac...
I have a triplex in Akron Ohio. This is my first winter and living in California I have some learning to do on snow removal and snow blowers. I have a tenant that just moved in that I am giving a break of $50 a month ...