Jerry Poon
Mortgage from Private Lender or Regular Bank?
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
Jobie DeVinney-Walsh
Are we expecting too much from our property management firm?
Since we live 4 hours away from our properties, we have a property management firm.
A year ago we personally inspected the properties prior to putting them on the market for sale. We found the condition of one house...
Kapil M.
New Member from Boston Area!
Hello All!I am very new to REI and luckily stumbled upon BP and this community only recently! I've been in the corporate world for little over a decade, doing finance/banking, consulting, etc. While I do like what I d...
Erich Hatch
Estimating Rehab costs
Hello, For anyone that is not well versed in rehab estimation, how do you go about calculating rehab costs if you are not going through a realtor to find deals? Do you get an inspection and just let the potential sell...
Chris Luksha
Looking to get financials from potential seller....
Hi All,I am looking at a property that is a couple hours from where I live and before I go travelling to look at it, I have done preliminary research on the community etc. At the same time I have been asking the sell...
Charles Smith
Bathroom remodel estimates
Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...
Faye R.
redeveloping mixed use property
This is my first BP post! I've got two parcels (.37 of an acre total) centrally located in the pedestrian area of a small but growing town in Southern Oregon. (Pop. 6k but it's not the complete boonies as 100k+ peop...
James Matheny
What to do with $20,000
Hello BP world,My name is James Matheny and I am currently living in New Albany, Indiana, directly across the river from Louisville, Kentucky. I am 29 years old and like most everyone on here it is time to stop readin...
Robert Chaiton
House Hacking - Restrictions
Hi Guys,I am looking to do my first house hack but have a few questions.1. Why do lenders allow 3.5-5% down when the property is owner occupied? Is this lender specific? 2. How long is the “owner occupied clock”, mea...
Kyle Shepherd
I'm a new investor in rural Alabama
Happy Wednesday everybody. I'm Kyle Shepherd. I live with my wife and two kids in central Alabama - very rural; about 35 minutes southwest of Tuscaloosa, 50 minutes south of Birmingham. Definitely “the sticks.”Current...