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Results (10000)
Mike Nelson How much capital should I have saved to start investing in rentals???
1 October 2011 | 6 replies

I'm pretty new to REI but my question is, after wholesaling a couple of deals, how much should I have saved up in the bank to purchase my first rental?

I've already done a little research on rental properties and I'...

Gere W. Down payments: big or small?
19 August 2020 | 3 replies

What's a better strategy: 1. Higher down payment: lower monthly mortgage cost, no pmi payments. This is generally 20%+ down. Good if you have the cash up front, but it's just that, you're losing that money up front. B...

Rodney Marcantel Is it fair to ask for small fee up front as a private lender?
22 September 2015 | 3 replies

As a private lender, I have a rehabber who wants me to lend money to them. They do several RE transactions a year and look good on paper. I'm asking for $300 up front with paperwork to cover the cost of our RE Lawyer ...

Christopher Haile I need your help with VA IRRRL Lenders!
8 June 2016 | 6 replies

Hello BP! I'm a long time lurker, first time poster. I currently have a VA loan on my primary residence at 3.75%. After getting several advertisements in the mail to refinance the loan with a VA IRRRL I decided to sta...

Jennifer Jacobs Contractors requesting deposit - is this standard?
12 May 2017 | 23 replies

Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...

Tynee Riley Ask about commercial lending
3 June 2019 | 2 replies

I trying to purchase first commercial building, approached a company name Guaranty Loans  they are in Phonenix Az , guy name Casey James did application, but then I read on app it said loan fee had to paid upfront bef...

Drew Denham New GC for roof wants full payment upfront?
4 December 2017 | 32 replies

I need a new roof on my latest flip, NEW GC said he wants the full $6100 down because its not my primary residence. He won't sign the invoice until its paid in full (and I live across the state). I called one referenc...

Carl Hewitt Plumber changed plan without telling me
19 July 2022 | 7 replies

We had discussed replacing badly damaged plumbing in a slab home and running the new pipes outside through the yard until it meets the city line in the front yard instead of going through the floor in home. I received...

Leo Kotschenreuther BRRRR with All Cash or Financing?
10 July 2018 | 30 replies

Dear BP-community,I just finished David Greene's book "Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties". Before I had read the book, I was convinced that I wouldn't be...

Brent Davidson How to properly pay a contractor?
27 August 2019 | 36 replies

When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?

It makes sense to me to pay half be...