Hi All-I applied to for a conventional loan on a single family rental that I've owned for over 10 years.  I wanted to pull out $20k cash to help finance another purchase.  Additionally, the original interest rate was ...

Hi everyone,

Got my HELOC on my primary last month and just made the first payment. It turns out my loan terms during the draw period are that my minimum payment is 1% of the balance. For some reason I thought it wou...

I'm closing on a duplex property and the previous owners have expressed interesting in sticking around as tenants for a couple of months. I've gotten mixed opinions about whether this would be a good idea or not but d...

This is my first flip property so I've never had to deal with this before.  I purchased the house in June 2016, for ~$250k, refurbished it and resold it December 2016, for ~$350k.  Property taxes were paid through esc...

Our goal for the year was 2 new SFRs. I guess we got a little carried away. ;-)This one is a 3/1, 1200 sq ft and is almost turnkey. It needs $700 in electrical work (already quoted and scheduled) dishwasher, stove &am...

I'm currently a 20 year old sophomore in college majoring in Electrical Engineering.  After college, I plan on investing around 20k of my income per year into real estate using the BRRR strategy and living off the oth...

Good morning BP community!  Quick question for an aspiring investor.  How long do you amortize private money?  Looking at a LOC from a family friend and trying to figure out how to approach the interest part of the eq...

Hi!I'm interesting in learning how a property can be gifted or transferred.  I'm assuming I'll need to speak with an estate attorney so I also welcome any recommendations for one in Washington state or Texas. My paren...

Hello,

My name is Carles Ingram, I am 49 and married with five kids,i live in Eastpointe MI, and I am interested in flipping homes.

I currently work in the electrical supply business for over 23 yrs.and...

I have grown tired of reading "how to" books. I find that I am able to learn more by reading books that provide an historical account of a specific situation. One that I just read that I recommend is "Empire" by Mit...