Im in negotiation with my current landlord to buy. I want him to finance the down payment. Traditional financing for the remaining 90%. Do I explain this to my mortgage broker? They keep asking about “where are the fu...
Hey folks! Hope all of you are well.So I bought an 11-unit package just 2 years ago. 1 quadplex, 3 duplexes, 1 small block house. All next to each other on two plots.I finance with a commercial loan at 5.75%. Spoke w...
Please Evaluate my deal:This is a cash deal being done in NJ. If there are any numbers that look low, please let me know. I plan to have this as a buy and hold for a while. This is a mostly CASH deal in west New Jerse...
Hello, so I’m doing a live in BRRRR right now. I’m a little bit behind and might’ve jumped the gun on ordering an appraisal before I’m able to finish the house 100%. Things like carpets won’t be installed on time, tri...
Hey guys, Jack here, I would like to start off by saying that I’ve found a good market, a good rental market. Good for buy and hold, and the problem that I am having is not deals, but money. I’m working a W2 job and I...
FB Family! Question - does anyone know of lenders that would provide a HELOC to a rental that I own free & clear in my Solo 401k? Always appreciate the help - thank you!
I get this question asked a lot and it’s difficult to answer as it varies per investor. Unfortunately I see many people starting out attempting to raise $ without doing a deal because of some guru training they took o...
I've been a member and scouring the BP website for years now, off and on for one reason or the next. I want to jump in this year, I've been reading all the mindset and motivation things I can and I'm in the right plac...
Hi. I have a seller than says he will sell for a great price if the buyer can guarantee a 1 year rent back lease for a great price. Is this something any investors would be interested in? Of course it would depend on ...
Hey All,
I recently purchased my first duplex using short-term financing and am now in the process of refinancing into a portfolio loan (as the property is held in an LLC).
I have found pretty favorable terms (4%, ...