Laurence K.
BPO not even close to true value
I'm an international investor from Australia, I purchased my first ever note in November 2015. It was a non performing first mortgage with an UPB of 116k, secured by a triplex in Luzerne County, PA. It was in the fina...
Karen Margrave
FIRE! Burning in Northern CA - 884+ Homes Burned
My hometown of Redding CA is burning. So far 884 homes completely destroyed, and 170+ damaged. 30,000 people have been evacuated (including some of my family) an 110,000 acres burned. The good news is that the communi...
Andrew Pandolfino
Family loan to LLC for all cash rental purchase and refinancing
Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
Javis Ray
Is getting both licenses a "No Brainer?"
Hey All!Is it a no brainer for agents to also get an MLO? I'm biased because I work for a company that helps agents do just that, and this is not a pitch (I'll not mention my company name at all,) it's a genuine ask f...
Paul Winka
Which parties have a right to see a HUD settlement statement?
When a home is sold, and I am the lender (I do private lending), do I have the right to get the HUD settlement statement?
Sandy Uhlmann
Owner dies, house in FC Is Sub 2 a possibility? Does second mortgage have a play?
Here is the situation: Nice house, perfect location for renters. In foreclosure. The owner died, leaving her sister as the POA according to county records. Property has a first mortgage that is foreclosing but ther...
Daniel Petta
Commercial portfolio lending help
Hey everyone,I'm pursuing a whole deal for this portfolio of two properties (9 unit apartment / quadplex) and having trouble finding financing options and was hoping for some advice.I am new to real estate investing ...
Rob Ferdinand
I haven't slept in weeks...wholesaling?
Hey, everyone.
I've been deep down the rabbit hole lately and have been up every night geeking out on all things real estate.
My original goal was to purchase a multi-family and later flip to fund more buy and hol...
Henry Clark
Self Storage- SBA Funding 09 13 2021
Self Storage- SBA Financing 09 13 2021
Our 7th location has taken about 3 years to get financed
on our Self Storage project. The project was under a Construction
Loan interest only while we processed our SBA lo...
Brian Fiorillo
Minimum number of units to determine value using cap rate
Good Morning BP,
My agent and general contractor are walking an eight unit apartment building for me today. Initial review of the numbers looks great. My question is, at what point are you using cap rate to determine...