Michael Doherty
Do ARM Scare ppl as it we go into a rising rate environment?
Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
Shedrick Boyd
Am I being Tested OR Am I being told to Wait?!
Currently in the process of getting financing. Going to be a owner occupancy conventional, so only need 5%, I’m on board!Lender tells me they can’t use rental income because I don’t have 2 years rental history...Now m...
Brendan Chetuck
Business Cards for Newbies
So as I continue my research into RE I see a relatively common theme. A lot of people say to get a Business card and have some on you at all times to give out. Since I am a newbie to REI and I have not done any deals ...
Joseph Cornwell
Tenant Screening Reccomendations
Calling all landlords,I would love to get feedback on what other landlords are using for tenant screening services. Company or service referrals, cost, pros, cons? I will be renting both units in my first duplex in th...
Edo Y.
Lenders in Kansas City
Hi.We have 3 duplexes in the Kansas City area that we bought recently in cash. We would like to refinance it and need a lender who would do commercial loan to an LLC for investors who live out of town. I'd appreciate ...
Richard D.
Virtual Wholesaling Business
Hi BP!!! I'm currently in the process of starting my virtual wholesaling business and would Love some direction. I'd like to find out from other experienced virtual wholesalers exactly how they went about the process ...
Michael Baradell
Mobile home park options - Which one would you choose?
Hey Guys, I am brand new at analyzing MHP's and would love yalls insight on these that are available in my area. I'm aware other variable will need to be considered, but on face value, which one looks like the best in...
Raul R.
Maybe it’s time for there to be an age Requirement to join BP
Im seeing a trend, several kids have been posting on BP wanting to be Investors. As many of you did I posted on one of their posts which I now regret.
I’m reading thru the posts and I don’t believe BP is the place for...
Travis Mullen
How long should I give a Property Management company?
Hi All, I'm a new landlord with a duplex in Montgomery, AL. It closed in the last few days of September. Now we're 2 months in, and the 2nd side is still not rented. I was told market rent was going to be about $650...
Jason Sherrod
Finding opportunities in the note investing space
How does one identify trends and opportunities in the note industry? I've been reading articles and searching Google but nothing of significance comes up. How does one go about finding data? Is there a national financ...