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Good morning BP community!
Looking for some advice- my girlfriend and myself are green agents. We have full time jobs outside real estate and do "good". I have some experience in real estate building and selling als...
Hi all,I had a question regarding DTI. If I pay the property taxes and insurance myself on all my properties rather than escrowing them, will that lower my debt to income ratio? This is to the tune of $1,200 a month...
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I've noticed some wholesalers saying deals must be all cash and some even require no contingencies. Is this standard? You can't buy wholesale deals with financing? You can't have inspections?In the event that is true ...
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Hello Guys,
Question for guys looking to invest by end-of year in a multi family building.
Lets say it cost two million and has fifteen doors. Lendor wants 25% down. So mortgage is $9,000 what cash flow would be ac...
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Hello everyone I was wondering if any of you guys know how to find cheaper deals that are not on market. The reason I am asking is because I live in Charlotte and my market is pretty expensive. So, with that said I fe...
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I have a 2 family property with a detached 3 car garage that I'm going to start working on next week. I will need to run electricity to the garage from either the 1st or 2nd floor tenants electrical service (just to ...
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What type of terms can I realistically expect for a Hypothecation/Collateral Assignment of Note/Deed of Trust? (loan against my dot/note)$50,000 1st position deed of trust/note (only lien on title)Secured by $450,000+...
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I have a HELOC on one of my investment properties. I have used a portion of it to buy another rental property and am contemplating using the rest as a down payment for a primary residence. If next year, I decide to ...
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Good morning!I am trying to figure out what the best thing to do for a friend is in the situation outlined below:Home Value $570kowed 1st mort $496k (current loan was modified and principal reduction completed for $10...
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I have an interesting situation on my hand, one of my rentals (Townhouse). Nearly half of the complex was burned down from a fire about a year ago. The insurance company is going to rebuild all the units due to the am...