I have found a house that I am considering purchasing as a Buy and Hold. We are still in negotiations and I have a pretty good idea of my costs and what I want to invest in the property to update and rehab it.My ques...
Hi everyone. My property manager just called me/sent an invoice with 2 options regarding replacing an electric water heater (please see attached screenshot). The property manager said the issue is the water heater's a...
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Hello BP! I am located in Southern California. In order to take advantage of the current market, I am deciding whether to sell my SFH Southern California property I bought in 2014 and do a 1031. As you know, the Cali...
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
Looked at a property for a potential BRRRR. Price is 170k with ARV at 240k. only thing here that is really concerning is the block basement. Looks like this might be an issue or might be a simple fix. Also I've he...
So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
Hello,We are in the middle of closing on a house, and the loan officer stated we needed to submit an executed lease prior to closing (move in date can be later) or we will lose the loan. We have about 2 weeks, and a ...
Hello Raleigh BP members. I live in California and looking to invest in SFR properties out of state. Have been looking into Raleigh-Durham-triangle area. My goal is to start with one SFR/townhouse/condo in a decent ar...