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I had a very interesting conversation with a potential buyer for one of my listings. This buyer’s rep talked about how most of the deals in his hometown (NY) are at a minimum of 8% cap rate and how the one I have list...
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As the title implies, I am new to real estate and just last week, I called out a couple of mortgage brokers to see what kind of mortgage and rate I could qualify for. I wanted to do this without incurring a credit pul...
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Any small community investor-friendly banks in Kansas City?I am interested in buying a few properties in Kansas City, MO that need repairs using bank loans. I need a bank that offers great rates, doesn't take 2 months...
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I'm curious- how much longer do you think we will see market prices going up? Especially now that interest rates are 5.5% and climbing higher each week. 3 months? 6 months? I'm curious to hear you thoughts and why.
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I have been looking to purchase my second fix & flip however I keep losing out to all cash offers. I have also been looking at foreclosure and sheriff sales which want funds within 5 days. Which is the best way ...
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Hi everyone, I am seeking a DSCR loan on a single-family rental home in Birmingham Alabama. I am new to mortages, loans in general so any advice GREATLY appreciated. No idea what rates are fair or if I can borrow fr...
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Hello BP,I'm in CA and need some advice on some commercial lending terms. A lender provided some loan options for a 10 unit building. I'd like to know if the terms provided are typical of today's commercial lending...
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What would be the downside of taking out $100k from my 401k to invest in rentals using the BRRR method? Many of the books I’ve read discuss how a 401k is a risky investment because you don’t have control of your own m...
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I have a potential 100% financed deal including the rehab and I am curious what a fair profit split would be to compensate the investor. The quick deal summary is a SFR flip that should take about 2 months to renovat...
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Hi BP,We are looking to rollover a sep IRA and a roth IRA into a self directed 401k or solo 401k. Had anyone used companies like etrade or td ameritrade? If not what other options would you reccomend