I am looking at potentially restoring a 1915 brick 2-story home. It was converted into a duplex with exterior access (exclusively) to the upper space. My hope is to leave the exterior access and simply reopen the orig...
How does financing work on residential portfolios? I'm looking at a portfolio of houses (9) in the Central Valley, but I'm wondering how financing for a portfolio of SFRs works. Is it a series of residential loans or ...
Hello! My wife and I are moving to Maryland soon! We are looking to buy a home on the VA loan in either Hagerstown, Frederick, Or Waynesboro PA. (More than likely Hagerstown). Wondering about Mello Roos, are they comm...
Hey fam!My offer was just accepted on a 2039 sq ft 4br 2ba home in the 97239 zip code in SW Portland. I am purchasing this home with the intent to rent out the other 3 bed rooms. The master (which I will occupy) is on...
Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
Hi Guys, I'm currently working on a deal with a 5-plex building in the package. I will sell off the 5-plex once I have successfully closed on the overall package. (Basically to pay back my initial investors). I'm w...
I'll be closing on my 2nd rental property this year. The first rental came with renters so there was no need to change the locks.But with this one I will be.I'm currently leaning towards purchasing the MFS Icore Dead...
Hello BP Community!
Strange request - I finished drafting a Lease Agreement (See Attached below) to rent out vacant rooms in my house and seek input on it. I'd appreciate feedback and questions for clarification. T...
Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...
Hi everyone. I've been in contact with a hard money lender and their information says that they direct deposit the loan amount into my account. I hadn't heard this before and wanted to know if this is common practice ...