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Hello BP! My name is Tyler and I am a young professional in SoCal! I graduated college in May of 2018 and have been working in SoCal as a sales executive for a large energy services company. I have no debt, worked all...
Is it almost always bad to get rich quick? What ethics go into getting rich slow, or with less risk? If anyone is a get rich quick personality, what traits make you that way? Or the get rich slow people? I’d say ...
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I'm evaluating two mobile home parks with about 70 pads between the two. Both properties have separate electric & water meters but the property is on septic systems. I'm not familiar with septic systems. What are ...
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Thinking about purchasing an investment property.
I can get a VA loan that will buy up to a quad without any money down up to about $125k. Loan would be at about 4 to 4.5%.
I can get a bank loan with 20% down. Onl...
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Hi all,I am going to see a property this week that has fuses in lieu of circuit breakers. I am planning on replacing the fuse box, but I am wondering what other work this may trigger. The house was built in 1960, so...
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Hey BP,I'm on the hunt for my first investment property. Although I own one rental, it was originally our main residence and not intended to be a rental. I am focused on SFRs or small MFRs, particularly in the Winds...
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Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
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Evening BP community...question for the Lenders in the room that are smarter than me...So I have a potential deal...and this is how I would like to structure it...if possible350K purchase price on a SFR...80 % convent...
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Good morning all,
So I am on this site every single day, and I love it. I haven’t been posting anything because I have been trying to contain my excitement about this whole process. We (my wife and I) had decided to...
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I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...