My husband and I are looking for our first flip property. We've found a place in Elizabeth we really like, but it's a raised ranch (front door opens right into stairs up or down). A couple questions:1) Are raised ranc...
I have a good idea of how a HELOC works but not the full story. I want to use a HELOC for the rehab of an investment property that I’ll be purchasing soon. But I’m at a halt because of the extra Reno cost that came up...
Having earned some money now from deals I’m wanting to bank my REI earnings separately from my day job to both track my earning/spending but also maximize my return from cash I earn. I currently use a credit union for...
Hello BP Mates,
I've listened to a couple of podcasts about turning large 6+ bedroom houses into assisted living facilities and there is massive profit involved. Although the barrier to entry is rather high compared ...
Investment Info:
Small multi-family (2-4 units) hard money loan investment in Las Vegas.
Purchase price: $393,000
4 UNIT HIGH CASH FLOWING PROPERTY
What made you interested in investing in this ...
Hi, I would like to use the delayed financing route for investing to speed up the BRRRR process. From my understanding, conventional mortgages that go through Fannie/Freddie utilizing delayed financing have specific t...
Let’s say the seller has a 500 K property and owes 250 K to the bank. Can I finance the 250 K he owes with the bank and he carry 50% and I pay the remaining 250 K over say a 5 year balloon amortized for 20?
My husband and I recently purchased a duplex to househack. We have been tossing out ideas as we update the other unit. We are thinking about marketing towards corporate employees as a place to stay while traveling for...
Hey- My wife and I connect with a conventional loan officer who used CreditXpert to analyze our credit. The results were wife's credit score is excellent... mine not so much. The tool very insightful; however, their o...
Is profit margin the main driving factor for working in these areas? Is the juice really worth the squeeze (asking for a friend)?