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I see people on here discussing adding one new home each month, 8-12 each year. How are they able to do that?
I am just curious about the dynamics of how they pull that off (mainly the financing).
Also ...
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Talked to Penfed but they said their minimum heloc is 25k, my rental came in at a possible 15k. Do you guys know of any institutions that can go that lower?
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since selling my primary and using profits to invest… we’ve acquired (since sold) a few rentals, done a dozen flips, and bought commercial properties all in the last year. I have used hard money loans mixed with my o...
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Yes..and no. Per Statute 494 which governs mortgage lending, an exception is granted to those who lend THEIR OWN money. So--can you lend OPM and stay within the law?My interpretation is YES--provided you lend the mone...
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New investors or people who are getting into the game ask me
"Is flipping properties still a good business now?"
It will always be a good business if you get the deal at the right price. Your profit is made on ...
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I have a new business my family is creating for real estate investment. We are going to focus on small multi-family first, and then get into large multi-family. Where is the best state to open an LLC for this purpose...
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We will be looking to secure a traditional mortgage on investment property in a few minutes. Just wondering if it makes a difference on where we are keeping our available funds. We have a business checking account i...
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[loose definitions - 'small' being mom & pop shop managing less than 100 units. 'big' being anything bigger with staff, software, typically managing no less than 400 units.]What has your experience been with your ...
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We have a multi-member LLC are at the point that we want to begin taking money from our rental business. We can choose that the return is either counted as "return of capital" or "profit". If I take a return of capi...
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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...