Jay Hinrichs
Cannabis glut in the Portland market
Was in a meeting yesterday .. looks like the bloom is off the bud on the Cannabis at least as it relates to growing the flower.... prices quoted were down to 400 a lb.. from 2500.00what are other seeing out there.. is...
Lupe Santiago
Making a loan secured by real property without a broker (I have the money to lend)
Hello - I was looking through Craigslist and came across a Borrower who needed to borrow about 2/3rd the purchase price for a property, which is in Las Vegas, Nevada. I like the property and the loan to value... the q...
Account Closed
"revised" bailout helps us right?
ok now that paulson changed his mind and will now be injecting capital into the banks rather than directly buying the troubled assets, im thinking this is great news for RE investors right? i feel the bailout was a jo...
Tamara Taylor
203k nightmare - The work isn't done and we're over budget
Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
Landon Elscott
Feeling guilty about success from dad...
Let me begin by stating I know deep down inside my dad is ridiculously proud of me and wants me to reach my dreams and potentials, but in light of a freak flood last summer that destroyed their home I can't h...
Kavi S.
Appraisal came in 70k short, sellers being stubborn
Hey everyone,I'm buying my first property ever and it's been quite an experience. I had an offer accepted, 645k for a 3 unit on the edge of Boston - Hyde Park. I thought that was a bit high. My agent said he thought i...
David Stafford
Re-purposing industrial buildings
Hi everyone, I'm looking for some sage advice on the re-developement of commercial/industrial buildings for the purpose of re-zoning them into multi-family apartment buildings. Sort of the loft-style living. I have ex...
Matt Kauffman
First MF investment property bought by Hall of Fame!!!
Hey BP family, just wanted to tell you my story about my first RE deal. I spent nearly 2 years learning, reading, analyzing before I finally pulled the trigger last October on a Bank owned duplex. It sits directly acr...
Corbin Jones
Deed transfer - will it hurt my credit?
Hello, I have a piece of land in Arkansas on a mortgage and a home in wisconsin that’s on a mortgage, both through banks. If I quit claim these out of my personal name into an LLC, will this hurt my credit by closing ...
Craig S.
Helpful Information On FHA Financing -- Q&A.
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...