Does anyone out there know if there is a DSCR loan that has its repayment amount based on cash flow of the property? I am talking about something like ARM loan, but instead of having floating interest rate pegged o...
I have a triplex that has old knob and tube wiring in it and I would like to replace it sooner than later. I have never taken out a HELOC on my primary residence before, but am thinking of financing the rewire with on...
I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details...
Hi BP community. I came across a FSBO deal and am interested in making an offer. I am trying to gather info on what are typical costs for me (the buyer) and the seller. I have searched online to no avail as informa...
I was watching a webcasts and the presenter mentioned loaning money to landlords "stretched" for the purpose to make a "big" repair and charge 20%. Do you think this could be a "business", seeking out landlords that n...
Hey guys, I’m just getting started on my real estate investing journey. I work in analytics consulting and have managed my finances and investments well by myself. 401k, investment accounts, high yield savings account...
Should you ever use security deposit for rent??!!??? - Tenant left the house at the end of the leasing term and ultimately owed me 250.00 in back rent and fees..He is Now bugging me and Texting me for his security dep...
I have a friend in upstate New York who is interested in funding an experienced investor's house flips for a 12 - 15% ROI. Passive investing, as some call it.My recommendations to him in order to find these individua...
We bought a property subject to existing mortgage. It was behind on payments and was scheduled for foreclosure auction in Texas. Before we brought the mortgage current, the servicer had told us that the Cash Advances ...
Hi there,
I recently did a flip in Class D neighborhood, and listed it for sale. We haven't got much traction or interest from buyers in past 50 days. However today my realtor got a text from a buyer willing to make...