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I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
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I’m going to let the cat out of the bag early here – you do not have to face seasoning when refinancing. You do not have to wait any period of time to refinance a property. There are plenty of lenders that have ZERO...
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As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
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I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
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Hello forum members!
I recently purchased a quad-plex and and the terms of the financing is I need to move into one of the units within 60 days.
I didn't know who I wanted to evict but I figured it woul...
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Hello, BP Community!"Long time listener, first time caller" hardy har har... I really look forward to hearing what you all have to say about this one.The backstory: My brother and I are best friends and great business...
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My name is Kendra and I am interested in buying a property in West Englewood neighborhood in Chicago IL. I am located in Dallas, TX. The property is affordable and I can fix it up to add equity and increase revenue....
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I just finished my first flip here in Baltimore and it was an AWESOME experience. I bought the property for $31k, put in $65 had the work done in two months and a tenant signed up before the job was complete. It was a...
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Hello BP! Long time lurker first time poster, I love you all for all the things I've learned from this community over these months, but now I need your help. We are buying a first home near the Austin area of Texas, f...
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Hi BP,Last week, one of our best tenants (a jewelry store) called and asked if we have a bigger space they could move to. They kind of mentioned about this in the past but nothing materialized (because we offered the...