Hi all. I am currently working on an off market deal to sell a property of mine. The buyer is asking me to hold a second position note on the purchase for $35,000 @5.5% with a 25 year term and a 6 year balloon. I am c...
I read through this post (and several others) and am trying to grapple with the idea of UDFI:https://www.biggerpockets.com/...Scrolling down a bit, Chris Wooten states the following in the comment section: I’m not a C...
Hey Everyone,
I'm an investor out of San Diego, CA and I own a few small commercial properties (rental offices) and a couple of single family homes here. I also have one piece of raw land (there used to a residential...
Well BP Family, I quit my job about two weeks ago. Every time the job would take away the overtime, I would be at a financial stand still and thus, would not have the ability to build onto my RE portfolio. So I told...
🏢 Revitalizing Success: Transforming a Struggling Business into a Thriving Venture 🏢
In the heart of our local community, I embarked on a journey that epitomizes the power of strategic thinking and problem-solving, r...
Hi, I am located in Massachusetts and looking for information on finding a lender that will do either second position loans on investment properties in order to help with down payment or cross collateral lending to f...
Hi BP! I live in Northern California where the housing market is super expensive. I’m looking to begin my investment journey in St. Louis where I’m hoping to get a little more bang for my buck. I’m interested in mid-...
Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
Hi Guys,I have about 5 units across two small multis right now and want to scale. I hope my question won't be too general. It concerns growth strategy. Would you guys generally recommend growing slowly and diversifyin...
I am looking to purchase my first house. I often hear the advice that you should hire a property management company. Is it possible to still make positive cash flow on a one to two unit home using a property manager?W...