Hi everyone! I am trying to understanding the history of interest rates for an LLC loan. My partner and I are in the middle of purchasing a duplex in the Philadelphia area. We are taking a loan out on the LLC with one...

I'm selling one of my rental houses by owner. A potential buyer has offered full listing price but his offer is contingent on his getting !00% VA financing and he also wants me to pay $6000 for his closing costs/prepa...

My question is, as you acquire a property you obtain a significant hit with closing costs.  How do you roll that into your monthly, or annual breakdown for net profit?

Hello,I am considering renting to a retiree that has offered 18 months rent in advance. She is selling her home and will live with her 22 year old son. Her monthly income is $2200 in social security and her son earns ...

Hi everyone. I've been using the calculators for months now and generally I have a good grasp of the costs  I should enter to understand what I should offer for a particular property. But one area that is not clear to...

With new seasonal period of 12 months for cash out refi on brrrr , only option is a dscr loan for around 7.5% at 6 months, my question is that if the property is paid off with no mortgage,  do I still have to wait a y...

I have four questions.

#1. Looking at a local hard money lenders terms, I need to understand what the following terms mean:
a. LTV: up to 70%
b. Repair draws: 70%
...

We are doing a hard money 12 month loan for a fix n flip and our closing costs are over $10,200. Purchase price is $121k. Is this standard for hard money or too high? 

Hello Albuquerque BP Community,I have a small complex here in Albuquerque and am planning to put in some common-area laundry machines for the tenants. I'm considering going with coin-operated machines, but don't know ...