Hello,I am trying to calculate a commercial loan and have some questions. I have tried to use several online calculators and they all have varying degrees of criteria. Some require a balloon payment in years and oth...
Hi everyone! I'm fairly new to BP the reason I know this website because I'd stumble upon BP Podcast on Youtube. Currently I'm in progress of purchasing my first house and it had been a nightmare! I live in the bay ar...
We had a tenant sign a year lease and move in on September 1st. They messaged us yesterday saying they’ve had a “drastic life change” and want to break the lease already. What would you do? Say no to breaking the leas...
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
I currently own 2 rental properties in a very good rental market and market with a very limited supply of homes on the market (seller's market). I have been wanting to get into the note investing space for about a yea...
I am looking to invest in the CLE and Toledo markets. I have no idea where to begin. I want to purchase my 1st invest in the next 2-3 months, but I need help analyzing a good deal and getting financing. Any suggestion...
Hello:I have some friends that want to pool some money together to purchase a rental property.I am leaning against it because a) they are friends from work, not business partners and I do not want to mix the 2. b), th...
Hello I have property Im looking at the offer is 52k and the renters are long term tenants that pay 900 monthly. No repairs needed. The owner is asking for 2k to go to the title company and he will give me 4 months to...
Great morning BP family,
I purchased my first home on April 1, 2024. I bought a 3/2 1500sqft foreclosure in Ormond Beach Florida. My purchase price was 225k and I put 5% down. I put about 60 – 70k in repairs. I compl...
Hello, I am Heaven and one of my dreams is to start a real estate wholesale company that is honest and sraight forward. So far since last september I have done only 1 deal. I have put many houses under contract...