My business profession is in engineering, however I'm in the process of trying to purchase a short sale home through my agent. As in most professions there are many processes to a successful completion of a project....
Hi BP investors,I have this townhouse(short sale) under contract since August of this year. I got it under contract for $163,000, plus I have to pay the following out of my pocket:$2,251.89 = sewer capacity$ 651.27...
Hey BP friends,I'm running numbers on a prop using our BP Rental Property Calculator. This purchase will be done with short term PM/HM funding. How can I properly determine ROI/NOI when funding is short term and conve...
I have a lead through someone I know of a group of retired professionals with money to lend, although they, nor myself, have any formal idea of what to do.Can you good folks share how you've set up promissory notes, o...
I understand the use of using private lending for a fix and flip or BRRR deal. For example, pay back the lender a 12% return annual after you sell or refinance the deal. How can you structure a loan with a private len...
Hey accountants or legal experts. I am trying to figure out something that is causing a barrier for growing my RE portfolio. Because of the fact that the income from my short term rentals require 2 years of returns b...
My wife and I are excited to begin our real estate journey with real estate. We, like most, are limited to capital.
I hear some people talk about using credit cards in order to pay for appliances and furnishings. We...
Hi all, I am looking at buying and remodeling a 2nd home for a primary residence (house hack with attached apartment). We are doing a VA reno loan but may need a little more money to finish the reno. The main house is...
Hey Guys ! This is my first post on BP, I was at the BP conference last week and I was inspired by the enthusiasm and excitement of everyone during the two day conference ! I came across a duplex (2 units) for purchas...
I’m new to real estate and I’m looking to get started here soon, my only problem is that I’m wanting to have it help with my business taxes.
My question is: If I buy a couple house in the last couple months of the t...