Richard Ruedas
Does anyone have experience using DSCR Loans as a cash out refinance option?
Looking for general information or advice on using DSCR Loans as a cash out refinancing. If you have used this option before or are a lender who has helped clients with this type of product please comment.
I am looki...
Ryan Judy
Conversion of two family to three
Does anyone have any experience converting a two family to a three, or doing major renovations of a two / three family?
It is somewhat town specific but I am having trouble interpreting fire code for automatic sprin...
Nathan Hemming
House Hacking to New Construction Progression - Financing
Hi BP Community,I'm fairly new to the site, but have been listening to the podcasts daily. Great info, and packed with lots of information. I'm a licensed architect working for a mid-size firm, now looking to get invo...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Dan T.
Starting in this economic climate
Hello all!I posted this in the member introduction forum but didn't get much traction as it doesn't seem too lively over there.Long time reader and real-estate obsessor; first-time poster. I'm 30 years old living in O...
Omar Ruiz
Death of Direct Mail...Birth to Digital Marketing
Direct Mail has not worked for me. It is a channel (medium) that is too easy to learn (get a list & mail to that list consistently). It "seems" to work if you have the marketing budget, list, and ability to mail h...
Faye R.
redeveloping mixed use property
This is my first BP post! I've got two parcels (.37 of an acre total) centrally located in the pedestrian area of a small but growing town in Southern Oregon. (Pop. 6k but it's not the complete boonies as 100k+ peop...
Steve Difabio
HOA Jerk
So Ive been having huge issues with my HOA and Im totally sick of them. I just recently found out that I never signed the CCNR's...The head board member said it doesnt matter because “Article III Membership and Vot...
Sharad M.
Successful flip with BP partner
Hello all,I wanted to share a recent flip that I completed with a BP partner. Summary of the deal is below:Purchase Outlay $38,000Repairs and Holding Cost approx. $52,000Total Cash Investment $90,000Sales Price $131,0...
Chad Clark
Permits and the problems accociated
I'm curious about permits and the problems that can arise from needing them. Ok, I'm in Michigan and I tend to do simple refresh type renovations. Nothing too invasive. New faucets, floors, paint, lights, trim and...