Good morning everyone in the BP community!My questions today are about land contract and their interest rates.If I have a finiancier that happens to be a family member that is willing to pay everything up front for a ...
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Hello everyone!A good friend and I are looking at forming some type of REI partnership.He is a more seasoned and self sustained real estate investor that is living the dream, I'm the newer guy with the time, W2, etc ....
Greetings, long time reader of this forum, have been an investor in RE for several years now, lots of great resources here. Trying to take a step forward in building my network.A brief of the situation, I went into co...
@Scott Trench 's Set for Life has been recognized as a finalist in the 20th annual Foreword INDIES Book of the Year Awards! This is huge! Finalists represent the best books published in 2017. After more than 2,000 ind...
Happy (soon to be) Independence Day BP Community!What does financial independence mean to you and how are you planning to achieve it?
Asking for some numbers analysis.
Landlord work is work and risk but I had experience. I'm hoping housing markets will pick up again in Austin/TX area.
1. SELL: ~720K (loss ~30K), 2.5% mortgage rate 27 yrs left. To...
Hello All,We're a week or so away from closing on another small-multifamily property that is, for the most part, (2 of the 3 units) occupied.When we put in our offer, one of the units - a first floor apartment that ta...
Dear All, I need some advice on this deal. 1st is with WF and they approved the short sale already. The problem is with 2nd, Chase.
Chase needs 10% (which is about $15K) of the original loan amount PLUS a promiss...
Hello BP members!I am a newbie and have looked into RE investing for a long time.Last week, I have purchased a home through a HOA foreclosure in FL. Based on my research on the property can the forum please provide so...