Bob Malecki
Lender compliance for direct borrower contact in N. Carolina
I saw this item on an email from my servicer and am concerned if we are violating any state regs for NC since we have loans in Charlotte and one of my VAs has been doing the consumer outreach for workouts. Our service...
Shane Allman
Escrow account for rent Question
I think I know the answer but wanted to verify with more experienced investors. I bought a condo for my daughters to live in while at college and will keep renting after they are gone. They have 529s to use to pay...
Gerald Alphin
All cash purchase. How does rehab loan numbers work?
Hello BP this will be my First solo fix and flip. My newbie question is below.Here are the numbers...73,500 = Purchase house Cash 70,000 = Rehab230,000 = ARV I've been speaking with hard money lenders and t...
Kenny Stevenson
House hacking rules
Good Morning I was listening to the BP Rookie show #300. The guest said she was house hacking but only stayed there in the property 6 months out of the year and short term least it out the winter months to travel and ...
Antonio Pican
Structure deal on new construction spec home with construction financing
Hello,We are being approached to GC/partner on a spec home with whom the client owns the lot and will be securing the construction financing himself in order to do the deal. We will be drafting up a contract for the l...
Jim Johnson
The Management Model- do not react- only act
I am asked time and time again how to go about managing mobile home parks out of state. While there are lots of high tech tools I use- the biggest tool I have is time. See, time is the thing that lets you bring perspe...
Charles Hayzer
im look to syndicate a deal how do make this partnership
Hi, I am looking to purchases an apartment building its a 5.69 cap in a good neighbored hood,,the property will probably appreciate a lot in the near future, I getting from one investor 25% and i will be take a 2 mill...
Ndy Onyido
Practical Opinion on Saint Louis Market-Missouri
Dear BP friends,Does anyone here invest in Saint Louis Missouri?. I am looking for a practical ( not just internet research) on this market. 1. what neighborhoods are likely candidates for cashflow?2. what zip code to...
Erik Misyuk
What is the best way to organize yourself?
I fairly new to the real estate game, I have some properties and I doing ok for a start but I am having some problems organizing myself properly any advice how I can best organize, maybe some books? Any ways appreciat...
Tiffanie Willingham
First order of business, for a beginner, advice?
Brand new to bigger pockets and REI. I HAVE 8 potential deals (distressed properties) and I just don’t know what to do next. Everything resource I look into tells me something different.
What was your first, second,...