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So I called the bank to do a cash out refi. For $150,000 mortgage on my primary. My payments will be $2000 a month with a 6.75 interest rate. I have all this equity & still can’t afford to have my money work for m...
Hi Everyone,I recently found an off market deal and will be touring the property on Thursday. They are asking 150k for a 2 unit that needs some rehab. I have a realtor but i assume since the deal is off market they wo...
Hi Everyone,I feel "stuck" in my current real estate adventure, and I could really use some advice to pinpoint me in the right direction. I had purchased a ~$450K townhome, 3bedroom, 3 bathrooms, and put 10% down. We ...
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Hey everyone. I bought my first property. I close in a few days and my insurance company pulled up the property that had water damage on two separate incidents and currently, both are open insurance claims. The seller...
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Valuing a Mobile Home Park:
I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...
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All-Knowing Ones,My husband and I have our little log cabin in La Grange, TX and we've received six bookings in the last six weeks through all three of our platforms (Airbnb, HomeAway, and Glamping Hub). We're pretty...
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I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
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Hello BP!At the current moment, I have about $50K liquid. I already have a house with 25% equity on a $100,000. The house has not had a tenant since I finished everything, hoping that changes real soon. (since about J...
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Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
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So I finally competed my first deal! Since finding BP 3 years ago, I knew I would start a business in Real Estate at some point. At the time I didn’t have any money saved up and all I had was time. So I put a plan to...