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I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
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My lawyer advised me against buying a property that is being wholesaled. She said if the person doesn’t own the property don’t buy it. What are people’s thoughts?
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Today, I quit my job and I could not be happier for what is to come. I have been working very hard the past few months to establish teams in Chicago, Milwaukee and NW Indiana so I can work in REI full time.Right now ...
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Hi All,I'm a 30-year old man with two rental properties in the Washington, DC area.As of last year, I've also started helping my father, also based in DC, make real estate investments. He is 60, had about $400,000 of ...
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I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
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Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
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This is a question that has been on my mind a lot lately, What to buyers/investors hate the most about wholesalers? Why do wholesalers have a bad name? Are all wholesalers cast in a negative light? Lets hear it from t...
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Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
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If you have 50k to buy rental property with, where and what would you purchase?
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I have been on the forums for awhile now and after some thought I have been thinking about this strategy. I would love feedback.In my state (RI) homes are about 180k on avg. Of course prices vary based on area. But e...