Jeremy Beland
The Hard Lesson We Learned About Hard Money Lender
Back in 2019, we faced a challenging situation that fundamentally changed the way we handle our real estate transactions. It was a hard lesson that nearly cost us a $25,000 deal, countless hours of effort, and more sl...
Brenainn Kilchoer
better late than never
Hello!Newbie real estate investor with complicated history. Born in California, grew up in Switzerland, educated in Prescott, AZ, lived in Memphis, Dallas, Colorado Springs, Chicago, Phoenix and officially now in Casp...
Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
Michael Taylor
Forbearance on Rehab loans During Corona Virus Emergency?
I just acquired a 6-unit building December 31, 2019 on the south side of Chicago, the plan is to rehab and refinance so I have a one year short term loan. I ran into some tenant issues with squatters that has slowed ...
Elizabeth Perez
Loans for self employed?
Seeking Advice: My husband and I own two SFH and rent them out for $875 & $1000 a month (we sent out $25 rent increase notices last month). $900 & $1025 is our new cash flow not accounting Taxes ($1000 a year ...
Kara Leboeuf
BUILDING a Multi Family house to live in?
I had an idea that I'm not finding very much information about. I was wondering if anyone has built a multi family and lived in one unit after construction was completed? This seems like it would be a good way to hous...
Da Deep
Settlement Statement
Folks, I have received a "settlement statement" that lists estimated closing costs that the buyer has to pay. I questioned some of these charges and got the lender (loan officer) to agree that they should be removed. ...
Raden Mantuano
Finally finding the home owner of a vacant home BUT
what happens when you finally find that hard to find homeowner and finally come to realize that the property isnt clear at all.. What happens then?
Stephanie Wells
What would you do with $150-175K cash from refi?
So I’m finally taking the equity out of a duplex I purchased back in 2015. I will have about 150-170K cash after doing a cash out refi. I was going to play it safe and stay local in my Tampa Bay market, which means th...
Michael Worley
The Recent BP Podcast with Jeff Greenberg on Multi Family
I just finished listening to the Jeff Greenberg Podcast on Multi Family and wanted to comment on that podcast.First and foremost I'd like to say that I thoroughly enjoy the BP podcasts. I also enjoyed Jeff Greenberg's...