Devon Morgan
Credit repair
Hello BP nation! How important is credit in regards to real estate investing? And also where can I find a credit repair personal?
Jeremy Cohen
Private Lending, Hard Money, Traditional or Transactional?
Hey BP,Hope all is well!I realize you all are very busy and you have a lot on your plate. Your time is your most valuable asset you have and I respect that. I wanted to personally reach out in hopes that someone would...
Daniel Alvarez
Excel template for financial analysis of LTRs
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 3...
Account Closed
1st reforming note go for about 40% of the unpaid principal
I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...
Rosanna Sampson
New scary HUD rules
Hi Everyone,
Got this message from Boston REIA and thought everyone should know about it.
Rosanna
Dear REIA Members:
The following information is extremely important!
HUD has proposed to eliminate ALL seller fi...
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
BP Community! I just closed on an 8 unit this month putting only 6% down on the deal. I expect my cash on cash return to be over 90%. Ill detail the information below. Please reach out to me with questions as I love t...
Ram Chandrasekaran
Planning to obtain RE (Agent) License and Be an Investor
Team
I met a Real Estate Broker recently from one of the renowned real estate companies here in CA. After that conversation, I thought it would make sense for me to become a Real Estate Agent (not because it was a mot...
N/A N/A
First timer got great list over 200 NOD, what do I do next?
Hi guys, many of you may have seen my introduction in the new member announcements. Basically, I am a young entrepreneur who just got through allot of life changes, and I am trying to settle down and get into my firs...
James Freeman
Keeping existing house we been living in 20 years and buying new
What would be the best way to keep our existing house with good equity and finance a new house? 401K loan? Equity from current house? How much should we pull out if we refinance our 1st mortgage? We have never owned n...
Powell Chee
How much to refi?
Hello BP,I have a situation and I wanted to see what people suggest. I recently purchased an out of state rental property for $94k, which includes closing costs. In my original projections after doing a refi I was p...