We are in a contract on a 4plex home which we are buying for cash we obtained from a legacy gift. I've owned property since I was 19 years old, and over the last 8 years I have owned rental homes- being the accidental...
I first came to BP about 3 months ago and have become an ADDICT. Forums, blogs, podcasts...I can't get enough! My wife calls BP my "other" wife.I have three duplexes under contract that I'm very excited about. The ...
Will be moving soon to a (annoyingly) HOCL area for career and to be closer to family.Based on career/projected income, was offered a 0% down, no PMI, owner-occupied option (Rate is ~4.8%) from a bank we have a relati...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
What is a typical way of structuring a private loan for a flip, specifically on the repayment side? I am the borrower and want to approach some individuals I know about investing with me. I want to be ready to la...
I have a question concerning house flipping. I know most use hard money lenders & private lenders to acquire the property but how do they finance the renovation? Do they borrow more than what the purchase price of...
I am closing on a four unit property in the next couple weeks but really would like to purchase an apartment complex in the Atlanta Georgia area. After have gone through the bank process to get a conventional loan to...
I have been reading the BP forums for some time now, but haven't really found articles having to do with my current situation. I have some mad skills regarding remodeling, built my own kitchen cabinets from scratch, ...
Hi BP Community!I have decided to enter the field of RE investing and I am still extremely new to it (less than a month). I live in an expensive area (San Jose, CA) so the way I would like to begin my investing career...
Hi Guys/Gals, I am a new member that finally saved up for a year and have enough to get into a low DP property. I have a property in mind that has an asking price way higher than I think would be profitable but have f...