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I have been considering the idea of using HMLs in the future. Not that I would plan to, but I was hoping some of the HMLs or folks with experience borrowing from HMLs could describe what happens if you default.
So fa...
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Hi everyone, Im under contract for a STR and just got the loan estimate back. It was not what I was expecting. I was expecting to put 20% down and have an interest rate of about ~8%. Due to the appraisal of the house ...
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Hi Everyone,After diving into real estate about 6 months ago, I've successfully added 3 properties to my portfolio. Each property is successfully cash flowing and has a 1-year lease in place. There is no major defer...
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Hi,I am in talks with a masonry company to do some major repairs to my chimney. I have been sent an estimate already, but when I asked for the contractor's license info (they were referred to me by my carpenter) I was...
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Due to an error made by my local county my lot was valued from $55K to $1.4M. The land was bought by a trust where I am the beneficiary, spoke to the relevant officials and they agree with the anomaly however they ...
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Hey everyone! I am in a bit of a tricky situation and wondering if anyone has experience in dealing with a situation like this...
So I am looking to purchase an 8/3 REO in Brooklyn, NY. The numbers are grea...
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Hi everyone,
I am pretty new to the forum and I wish I read the posts about managing a property manager before I got into this mess. Can someone recommend a course of action for this situation:
I have ...
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Hello,
I heard from different real estate investors is not smart to rent to family and friends because you never know what issues could arise which could hurt the family or friend's relationship forever. My question ...
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Hi BP Friends,I am working to convince my husband to buy-in to real estate investing. Ideally, I would like to find a property in the Milwaukee area that we can self-manage. We would begin with one lower-cost house ...
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Hey everyone! Long time lurker, first time poster here :)I'm a buy-and-hold investor in Huntsville, AL, and I'm looking to diversify a little bit location-wise. I own 2 rentals here and the Huntsville market has been...