Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...

Hello,
I bought a triplex last year, and now that I'm cashflowing comfortably I'd like to make some improvements. The driveway is cracked and has a big hole behind one of the parking spaces, so it would probably need...

I am looking for some help from BP members in the Austin/Round Rock area to get cash out refinance broker contacts. My existing contact has increased the closing costs so I am looking for alternate options. I am not i...

I have a SFD Rental in N.C. and have noticed significant price increases on zestimate. I submitted to Zillow to provide me  "Cash Offer" on this property. They will get back to me soon. Has anyone used this "Cash Offe...

They preach no money or credit needed. They showed me how to max out my credit and help me get more credit. I took the risk, but no deal. I'm busted. I living cards. The 0% credit cards interest rates have increased t...

For all those taking on extensive value add projects, keep in mind the recent material price increases when figuring numbers. Because of limited supply due to Covid and fires here in SoCal, lumber has been climbing an...

Great Infographic:1. The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.2. Freddie Mac predicts interest rat...

Family member sold/closed on a house with an oil tank clean up in process. An escrow agreement limiting seller's liability to 5K was part of the closing documents. Seller received proceeds of sale. Seller's attorney n...

Wow. Just saw the news. Not good for agents and landlords. Will the new interpretation get implemented? Do you think it will get reversed? Thoughts?

I am interested and I have signed the initial paperwork for my first (relatively) Large Multi-family.  I own 4 homes outright and I have bought them on as renovations that have required several hours of my time and ef...