Timothy Allen
Pre-paid insurance for portfolio loan
Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%.
Jimmy Lynn
Budgeting for Your Property Rehab: Tips and Tricks for Keeping Costs Under Control
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
Max Kimmel
Refinancing from an LLC
Hi,I closed on my first rental property at a 4% interest rate just before COVID. Obviously, interest rates have decreased significantly since then, and I'm planning on shopping around to see if refinancing to get a lo...
Mike Neubauer
Where to find a good Virtual Assistant?
Just seeing if anyone had a good site to go through some VA resumes.
I am not looking for a site to act as a middleman between the VA and me, looking for a site with direct contact info.
Romtein Rostami
Real Estate and the Federal Reserve
http://cashtalks.co/how-the-federal-reserve-printing-money-affects-you/
Basically says Real Estate will be a good bet as inflation continues to increase because of unregulated money printing. Thoughts?
Nick M.
Leasing Agent Listing Agreement
Hi All,I am hiring a freelance leasing agent (someone who in their available time leases apartments). I've used this person in the past. To avoid the possibility of any misunderstanding of commission, exclusivity ri...
Account Closed
Combining SDIRA For One Property
Hello BP Nation,
I am quickly approaching the 10 mortgage limit, after only getting my first investment property 5 months ago, and I have a question regarding SDIRAs.
Can I combine my Roth IRA and my Traditional IR...
Account Closed
Buying an investment property remotely and trust home inspection
I am in the greater Austin area, and the market of 500K and lower housing is booming, people is buying project houses cash like it is candy outside a school. This phenomenon has attracted lots of remote investors, peo...
Meredyth M.
Estoppel letter, when can I legally get this?
buying rentals in Florida and I asked our realtor to get info so we could meet with current tenants to get estoppel letter on a rental we are buying. I was told that we are not allowed to meet with the tenants prior t...
Sam H.
From the Deal to the Closing table , and everything in between.
Hey everyone! Lets say someone is wanting to provide investors with wholesale deals, while also offering the next steps in the process such as contracting the rehab work to get done, overseeing the competion of the re...