Hey everyone,I'm out here in Las Cruces enjoying the first time home owner life. I'm going to hit two years in the area next month which means I've started to shift into exit strategy planning. I want to find a path t...
Hey (first post here) I’m closing on a property that will be used as a vacation rental. However the previous owner had a long term tenant in the property. I have just received their contact information and I need to l...
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...
Wondering how others do the application process. Do you require an application and screening before showing the property to save time with tenants that do not qualify?Is there a faster method then sending applications...
Sometimes, I come across a deal where it makes sense to have more than 1 private lender/investor. So far, I’ve had them all on title at different positions.
But instead of lining them all up at different debt posit...
Hi, I'm new to note investing. Do I need a license to buy and sell either PNs or NPNs? Thanks for the help.Mike
"Cash" in the real estate realm seems to be a relatively simple concept, but I'm often confused as a newer investor because I feel as if the term is thrown around often but has a different meaning for different instan...
Has anyone else noticed a dramatic increase in their scope of work and powers? I am having to bend over backwards to finish their "punch list" of issues on my property before we can close....this is after I have alrea...
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
Hi Folks, I'm new to BP. I'm currently living in a severely high-priced, low yield market, so like many, am looking out of state for investments. For a variety of reasons, I was considering purchasing a small, mixed-u...