Account Closed
Spec home construction lending, at what point will banks loan
Currently I’m building spec homes on land that I buy with all cash using a construction loan that resembles a hard money loan with ~10% APR and points. My builds are fairly quick and have been completed in 2-3 months...
Ralph Perea
Utah living in Panama looking to start
Greetings everyone,Like the title says I'm from Utah and now living in Panama. I was born and raised in SLC joined the military then returned after my enlistment. I then decided to pursue my dream of being a pilot and...
Roy Lhanie
Looking to Invest in Houston
Looking to invest in Houston. Iv heard good things but dont know much yet other than iv been to the city a few times and really like it. How good are the returns on rental property? I am from Cali and looking to take ...
Justin Paradis
Lender Will Not Allow an LLC
Hi, all,I own a condo that was once my primary residence and is now a rental property. I still have residential mortgage on the property at 3.75% I would like to place it in an LLC for some personal protection from li...
John Armando
Rental property deffered cash flow?
Hello BP team, I've been looking at multi-family units in my area for quite a while, and feel I am on the cusp of making a deal, but am having trouble finding the right house. Which is fine, no reason to jump into a b...
Ariel Goldenberg
Our First Failure And Why It Feels So Good
My wife and i have flipped a house once, 7 years ago. Different times, different environment.After making the decision to go back into the game, and after months of reading and listening to BP podcasts, we finally pul...
David Hayes
Thoughts on a potential subject-to deal? Is this even any good?
I have what I consider an interesting scenario and I am curious to get some coaching/thoughts/feedback from fellow BP members:I have a seller who wants to get out of her property (4 family in Cincinnati, Ohio), but ul...
Courtney Wozcoz
advice ?? Thank you
I'm 29 yo, living in St Pete FL.
Recently graduated from medical school, general practice.
300k student loan debt, several loan at 7.9%. I realize I can't make this return. But I genuinely enjoy real estate and have...
Shawn Goh
How are some properties in Bay Area being sold under $100K?
Hi, this is my first post. I was told by a broker that nowadays foreclosures and short sales don't provide much of the expected discounts from retail price. For places like south bay where average 3 bed 2 bath house i...
Joanne Tsai
who screwed up here?
Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...