I have a multi-unit in a class A neighborhood in Chicago (Lincoln Square - 60625) that I am wrapping up a large rehab on right now. The property is on a remarkable block and the units really are fantastic - we've take...
Hi everyone, I'm getting very tired of ridiculous property tax increases every year, but I don't have time to fight them. I own 8 single family rentals, can anyone recommend a good done for you service that can fight...
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
I put an offer on a Homepath 4 bedroom home on Monday for $44,000, a $1000 less than the asking price. Also I asked seller to pay $2000 in closing costs. My realtor told me other buyers also made offers about the sa...
Hello All, I was wondering if the option to make these forums more private was ever discussed? I think my main concern was that we discuss deals on here to seek advice on current deals we are working. Is anyone concer...
Hi guys,
This is my first post, so thanks in advance to all of you.
I live in Miami, FL. I've been getting leads and talking to sellers for close to two months now and many of them have Free & Clear properties.
...
✨Without a doubt, the sponsor is a critical component when it comes to real estate syndications. And if we’re exploring partnering with another sponsor, we’re looking for the same things a passive investor should be l...
I want to invest in notes and I am seeking anyone who is willing to teach me the ins and outs of the business. I see so much online about it but I need someone who will take me through the process step by step. I hope...
Hello All, My wife and I are newbies and are looking to get into the rental/flip market here in Charlotte, NC. We were thinking of doing a cash out refinance on our current primary residence to fund our first inve...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...