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Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
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So I rented an AirBnB property in Dallas. This was the third time I've used that platform to rent a property and each one has been an illegal rental. I'm done.The first one was in California three years ago. It had fi...
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I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
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I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
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National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
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I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
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I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...
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I look for investment properties to hold and rent.
Last year I closed on 3 properties. This year NONE.
Many contracts written yet none accepted. Seems homes in South Florida are heating up and they quickly get und...
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Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!
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Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...