Hello I recently bought a 2 family house in prospect park NJ with a tenant already in it. The tenant does not have a lease but was paying month to month with the prior owner. I have drawn up a lease effectively raisin...

There is a property that I am interested in that is defiantly a fixer upper and could be a candidate for hard money. I am curious if there is a way to get conventional financing on a house that has obvious need for re...

Hi BP,I am looking to start flipping houses but currently don’t qualify for a conventional loan. My concern is I’ll be using hard money and if I get “stuck” in a flip I won’t be able to refi with a conventional mortg...

Ok so Im at a crossroad on how to go about wholesale real estate. I've never done it, but I think I've found a deal. Can anyone advise me on the next immediate effective steps to take advantage of my 1st deal? Also pl...

My property doesn’t fit in typical calculators. Details:1) Mortgage balance remaining ($144K: $104,000 interest bearing, $40k non-interest bearing balloon payment due in 30 years. Interest 5.125% fixed rate. 2) Apprai...

I currently co-own and manage a 4 building 32 unit complex on the same street where a single building 5 unit complex just came available for sale (all 1Br1/1Ba). I know the demographics, I know what the units will con...

I am looking for help.  I would like to purchase 10 unit apartment buildings.  I am hoping to purchase it with less than 20% down.  I have my eye on a property already, but I am nervous about putting the 20% all into ...

Hey guys, this year I've set a goal to pick up 5 rentals for starters in the Philadelphia area. I'm totally new at this and would like some expert insight on the steps to doing so with little to no money. I sort of ha...

Hi, I am putting conventional loan bid on a property. I have a pre-qual from one bank, and have a term sheet. I want to know if someone can give me some typical terms they have come across. For example, this loan is 2...

I have several properties that cash flow very well average is $450/ month after financing, taxes, capital expense reserves, etc.

I have two different financing banks. Both offer the same terms with a 10 year loan ad...