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BP Community,I am getting proposals for laundry service at a 56 unit property that I am soon to close on. The current machines are coin operated and are more than a decade old. I am being asked if I would like to get ...
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I've been studying a lot about this strategy but haven't been able to find an answer to this question:
When undergoing the refinance step in the BRRRR strategy is there a 20% down payment requirement or is the equity...
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I want to use some money from my HELOC as down payment for a multi-fam but am not sure if the bank will have a problem with me pulling from the HELOC. Has anyone experienced this?
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Anyone know a contractor who will do work and get paid out of the proceeds of the sale of the property? Much thanks.
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Thank you to everyone who takes the time to respond to my post, I really appreciate it. I have a tenant who's being consistently late on making their monthly payment each month. It all began back in Aug of 2021, their...
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Was wondering if anyone knew of any lenders that do 5% down payments. What are the requirements typically and does what's your experience with it? Thanks in advance
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I have been receiving payments from some tenants through clearXchange, which is owned by a group of big banks. Now clearXchange is changing its name to Zelle and forcing changes onto customers.I don't have a full unde...
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I can’t seem to find a good answer to this anywhere. I’m about to enter a lease purchase where I am the one leasing to own. The people who own the house have a mortgage on it and will be purchasing another house. My c...
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Is it a good idea to use a personal loan to fund a down payment for an investment property? I know that using a personal loan through a company such as discover or SoFi is much riskier than using a different type of f...
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I live in the Vegas Market. I found a duplex, assessed the numbers 4 ways and all outcomes of my analysis yielded great cash flow and COC ROI. However, I dont have 20% via conventional route for down payment. I do hav...