Michael Previtera
Buying from the city?
I found a house during one of my driving for dollars rides that has 2 documents attached to the door. The first one says "Not fit for human habitation" The second document says "Order to Demolish". This house is in a ...
Chris Roche
Separate Bank account? Credit card?
I currently only own one 2 family. My wife and I are house hacking, we live in one unit and rent out the other.Should I set up a separate business bank account and credit card?Currently, I am just running it through ...
David Pulido
Construction loans for New Builds
New investor looking for someone who has completed a new construction build to learn the process. Learning from YouTube but want to hear from someone from this great platform. I want to learn to "trust the process." T...
Ellen Mitchell
Financing - Mobile Home Rental
I'm looking to take some equity out of my rental. Doublewide mobile home, perm foundation and own .19 lot. Paid for rehab after the last tenant with primary home HELOC and credit cards, so my credit score took a hit....
Brock Best
Private money lenders
How do private money lenders work? They give me a loan and I pay them just like I normally would a bank? Are their terms shorter? there’s a website called private money goldmine with lenders in my area. Is anyone fami...
Logan M.
Mobile Home Park Investing Vs Development
I will make this a quick post with bullet points.Key takeaways from my experiences doing development projects:1. If you are developing typical multifamily banks are more excited about them than a MHP.2. Development cr...
Cheyenne Nafe
Assignment in Alabama
Which direction to take?
An Auction sales Contract was between an estate attorney & entity buyer,
the first entity buyer was unable to come up with the finances, and the 2nd buyer came into play.
However, ...
John Landmark
REO Auction now (Advice please!!)
Hi! BP friends, I'm following this auction right now. I was unable to do title search, so for that reason I will skip this one but I will appreciate any input, advice or thoughts regarding to it. ...
Craig Jones
Commercial lending for (intentionally) underperforming property
I'm in contract on kind of a unique property. It's essentially a 4 bed / 2.5 ba SFR semi-attached to a five room motel. It's in a popular year-round tourist destination with a shortage of hotels and heavy restrictio...
Jessica Hood
HUD - plumbing system questions
Hello friends,
You are all always so helpful so I thought I would ask...
My husband and I are buying our first home. It's a HUD foreclosure that is vacant. Their property condition report says the plumbing system ...