Venkata Soma
Refi options to pursue for a BRRR deal
Hi Everyone,
I have currently acquired a property in Milwaukee, Wisconsin. I am planning to do a BRRR deal on this one. I have acquired the property through a short term loan with a ballon period of one year and at h...
Seneca Hampton
Potentially my First deal!! Help!!
This could potentially be my first deal but I am having a hard time making sure that I have considered everything and deciding on whether a Hard Money Lender would be a good option. So here is the situation:
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Andrew Pettit
Dealing with Closing and negotiations
Good evening everyone, I just want to clarify, when you are negotiating the price on the property, the earnest money can be refunded if I don't decided to go through with the deal? When can't it be refunded af...
Aaron Beck
FSBO when a home is under foreclosure
Hello,I have a home that I'm expecting will be under foreclosure (i.e. in redemption period) within the next 2-3 months. I was planning to attempt to sell it myself—regular sale, not short. Setting aside the general a...
Stephen N.
What contingencies do you normally put in your offers?
do you pay someone to inspect the property before you make an offer or do you make the offer subject to inspection?
same thing for termites. do you pay someone to check for termites before you make an offer?
Julia Carminati
Newbie - weird situation, now sure where to start
Hi all, I've been lurking around BP for a few weeks now, and have been second guessing whether I should wait to begin my REI ventures. My husband and I are currently renting our home and looking to buy a primary resi...
Lea Lenz
Making an offer on preforeclosure with ROR and bancuptcy
I am looking at a property that is in foreclosure. Owner filed bankruptcy which halted the sheriff sale. County still shows the owner on record, not the bank. I don't believe they have much equity so their redemption ...
Brad Hasseler
Down payment cash or heloc?
I would like your opinion. If you have 20k cash and 30k in a HELOC what would you use for a downpayment?My thought is pay the downpayment with the HELOC and keep the cash as a reserve for needed repairs.
Ernst Drouillard
Rent out short sale
Has anyone had any experience of rent out the sellers home while doing the short sale and split the rent with the seller and then flip the home to a landlord with tenant in place
Michael Alexander
Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...