As a General Contractor I know I can build tons of equity into any home, duplex, or multi family that I build. I have too many examples to list. We used to call this “sweat equity”. However, banks these days hate that...
Hey BP Family, im a rookie here and Im trying to analyze this deal I found and need some of opinions on what my next move should be. Im curious to hear some the expert opinions on this one.
Here's the numbers:
Purch...
It seems every lender I have tried to deal with conventional wont work credit is not good enough. Working on it... Close.I own my home. No Mortgage.I own a Duplex that needs $40K renovation for $90,000 ARV Renting at ...
This question pertains to an investor who has limited income on w2. If after your write offs on your taxes you are at a loss on your rental property income ( the property has a mortgage) and the time comes where you a...
Hello to all,I live in Jacksonville, FL and am a Florida attorney. I have been managing every aspect of my parents' rental property business for over 15 years. Everything from tenant screening, lease drafting, rent co...
Hello,A few years ago, I flipped a couple houses in Houston, TX and also I bought a couple of houses that I currently rent. I bought one as an investment for rental purposes and the other one was my primary home, but ...
Does it ever make sense to purchase a Buy & Hold property using hard money? If so how do you eventually get the hard money lender paid back if you're simply renting out the property and not flipping it. Would you...
I'm new to real estate investment and am considering hard money lending for quick and flexible financing. I'd appreciate recommendations on reputable hard money lenders, especially those familiar with assisting newcom...
BP,
I need some input , what would be considered a good interest rate on a 4 plex investment property ( non owner occupied)? I closed at 6.125% with a loan amount of $277k back in feb 2019. I refinanced at 4.875%...
I own my home free and clear. I am looking for a lender to put a lien on my home to get some cash. Is it possible to get a lender to put a lien on my house for some cash until i pay them back?