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Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
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How has your experience with wholesalers in the Central Florida area been? What criteria do you use when deciding whether a wholesaler has a good ear to the ground? How much of their ARV and comps do you take to heart...
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Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
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What are the pitfalls with delayed financing. This is what I read in various threadsa) In delayed financing, the appraisal is typically more strict. So may not come into the right valueb) with delayed financing, u end...
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Feb 2019. Just purchased my first distressed note 2 weeks ago, started foreclosure this week. So far so good, and all the paperwork makes sense. Now it's just a waiting game. Won't know what rehab is needed until I g...
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Probably the biggest reason I have not done Airbnb. Is that the the houses that I have that would be a good fit are large houses that would take extreme bucks to furnish in order to give a short term rental a test dri...
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This past week when checking on something in the attic of one of our active rehabs, our handyman gave us a call explaining how he had found some pretty disturbing items. When he had been in there a month prior, the pl...
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I have both first and second mortgage of my primary home. The second mortgage rate is much higher than first.I also have several rentals which have either 15 year or 30 year loans, they have different interest rates.I...
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My wife and I each have ~$100K in our Roth IRAs and we would like to explore individually buying turn key investment properties using a self-directed IRA; however, although I've read quite a bit about this investment ...
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Hi folks, just learned about homeunion.com through and ad on BP newsletter.Their marketing page is very well designed, with explanatory video and all the stuff. I tried the platform too, and it's pretty cool as well.T...