Joshua Feit
How to structure and document the deal
Hi BP!I'm working on a first flip, and I need to raise $35K in addition to my own cash to make it happen. I have a potential lender lined up, but now I need some help with the brass tacks of the relationship.Snapshot ...
Account Closed
Roofing Contractors/Company - Detroit, MI
Can anyone recommend a roofing contractor or company in the Detroit Metro area? Home is located in Grosse Pointe, MI. Would prefer a recommendation from someone who has used roofer's services on their personal residen...
Jacob Greer
Conventional Investment Property Loans - Memphis
I am looking to build a relationship with a lender that will provide conventional investment property financing for me to grow my business. Hoping to keep it local, but willing to go just about anywhere if the terms a...
Luke Aubut
Need Attorney for buying house in Illinois, Lake County
Hey BP, I was answering a few questions for friends of mine who are buying a house in Illinois. They informed me that the sellers agent told them they can't buy a house without an attorney in IL! Can someone recommend...
Sameer Sahu
First rental investment( Feedback please)
I am ready to close my first rental investment. When I first started the offer without the repair cost CoC return was 17.98%. But now I am discovering that there will be almost 9K repair cost. When I add that to the c...
Steve N.
Closing Costs - Can These Be Reduced?
My bank sent me a closing costs estimate. This is for a conventional loan of $142,000 30 yr. 5% interest.
I am wondering if there are any costs that can be negotiated down, i.e., any charges they add that may...
Mike Valdes
Lease Option question
I am a new investor in the orlando FL market and I've been reading a lot about wholesaling lease options. Could someone give me a rundown on the process from start to finish? I was actually looking for investors i...
Ashley Womack
Architectural Committee Delay in Action
If a member of an HOA performs construction on their home without first obtaining approval from for architectural committee, how long does the committee have to notify the homeowner of the violation? Can they lega...
Brendan Francis
Discount off listing price due to long time on market
We’ve heard we can get 10%-15% off listing price for condos on the market for several weeks. But we don’t know about the Boston market during covid. Maybe it’s more or less than standard national averages. We want to ...
Brandon Fuhrman
Private money lending
I am a new investor and really interested in the BRRRR method and looking into PML. What would be the average terms for a private lender to agree to funding? What are the average interest rates, documents needed, LTV ...