Rolando Frias
How much security deposit to ask for?
I am in the process of putting a single family home for rent. We are not sure how much we should ask for as a security deposit. We are thinking first month and also a deposit that is at least $500 over rent amount. We...
Caroline Ragan
Need Advice on Refi Options
Hello BP Community! My husband and I are in the process of our first BRRRR and are completing the seasoning period and looking into the final step...a cash out refi. I called my go-to gal at our local bank and she g...
Joshua G Steed
Surprise business opportunity
Hello I am seeking out advice on financing for a residential/commercial property. We own a dog grooming business currently and want to expand into the boarding and daycare business as well. We came across a property r...
Alvaro Zumaran
New Maryland investor looking to start off on right foot
I am currently about $40K in debt right now (school debt & credit cards). I have been told by a financial adviser (fiduciary) that I should at least cut this down to less than $5K before I consider any REI so tha...
Holly Barrett
Does any lender offer line of credit on a duplex?
So all my equity is tied up in two duplexes and I've been informed that no lender offers a line of credit on multi-fam. Is there anyone out there that does? I hate that my equity is trapped (my interest rate is SO low...
Puneet S. Braich
Brownfield Clean up project?
Anyone have experience dealing with the Brownfield Clean up program? The gist is certain properties are deemed contaminated by the EPA (or an environmental report) and the government has programs that will clean them...
Melanie Bimbo
Best Hard Money Lenders
Who are the best hard money lenders in regards to low fees, customer satisfaction and efficiency?
Jennifer Buchholz
Paying Cash Vs Financing
Hi All:I have identified a property to purchase that will cash flow nicely. I have enough cash to pay cash and cover the reno. I also will qualify for a mortgage and have good credit. The value of my cash has come ...
Account Closed
Self Employed needing help with funding
New to the game!
I need some help with portfolio lending I currently have somebody who is trying to unload 7 of their properties a mix of duplexes and SFH in NY. (trying to convince him to do seller financing) He is...
Tyler Schmick
Refinance portfolio to fixed rate 20+years
My local bank is awesome in providing short term loans(5 year arm) at fairly aggressive rates (last one at 4.5%) amortized over 20 years.While the rates are so low I would love to refinance the entire portfolio into a...