I have a mortgage on a property recently purchased in VA. When mortgage was sold, the new servicer strangely paid out of my escrow account both my VA real estate tax on that property and paid MD real estate tax on a ...
My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...
I financed my first fix and flip by taking out personal loans and using my own cash. Going forward, I'd like to begin using my LLC for financing deals (i.e. hard money loans, etc) to keep all of my personal and busine...
Hey all! I’m new to BP and so excited to buy my first house as an investment. It’s actually a house in my neighborhood with a pool that I’d love to Air Bnb. We know the sellers and they’re unfortunately falling on har...
So I'm a bit confused: So here's the plan buy a duplex with a fha loan so 3.5% down and then live in one unit and rent out the other. Cash flow 100$ let say.
So i got that. Then a year and 1 day goes by. I want to ho...
I recently completed the rehab on a 4-plex I bought this spring using a commercial loan and am not looking to refinance into a traditional 30 year fixed note. However, every lender I have spoken to has told me they wi...
Hello everyone! I am trying to find financing for my first flip and am unable to get answers to my questions around financing. Here is what I'm struggling with:
- The financing company (hard money lender) states tha...
Hello BP! I am a broker and investor in Charlotte NC. I have flipped several houses and have an STR here in the city, and my newest project is out on the coast in Ocean Isle Beach, NC. I purchased two lots side by sid...
I'm a new investor and looking to start out with a couple flips a year to generate cash to fund purchases on rentals and duplexes. I live in California and have owned one rental property in Texas a few years. I think ...
Hey all, I am a newer investor in Lexington KY. We have a quad we bought about 3 months ago with a conventional 30 year loan. We formed an LLC but still haven't had time to quick change it over. In the meantime, we...