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We had to make a tough decision to sell a 4-plex in a nice, close-in neighborhood in Portland that we had anticipated holding on to. Other opportunities have come up and some cash on hand is needed. We completely chan...
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Hey just wanted to know who ya'll are currently using when refinancing out of a hard money loan? I've noticed that some lenders are no longer refinancing on the after repaired value if the house has been owned less t...
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Hi BP CommunityI am moving and would like to keep my current house and convert it to a rental; however, I need to pull some equity out of the house for the down payment on my new house. The home is worth $1.3mm today,...
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I have a fairly dumb question. When a house has been foreclosed and it say's,
"The lender has taken ownership of this property through a foreclosure auction for the amount of .." and the original loan on the ...
Hi everyone. I currently own one rental property (2-family). I am looking to jump into the vacation condo rental market in the Myrtle Beach area (or anywhere that has a large rental market with plenty of golf courses ...
Coming here to get additional thoughts and advice and not basing my decision solely on this thread.Opportunity: One of my very close and trusted friends has theopportunity through his family to build brand new houses ...
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I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
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I joined BP a couple of months ago, mostly to get around to asking this question. How to approach this problem has been rattling around in my mind for about 3 months now.
I've been a small time landlord for about 28 ...
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Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
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I just closed on my first Baltimore investment rental this past Friday (8/19/2016). It was an all cash purchase with a tenant already in place, and after I signed and submitted payment, the seller informed me that the...