We closed a little over a week ago on 3 condos from one owner.  These are basic 1 BR condos, not luxury units, but nice enough.  As we've been meeting the tenants, one of them mentioned that the appliances in the cond...

I have worked with Rentals, and I have pretty deep experience with managing AirBnb units, but I have not yet done a flip. What are some tips to get financing for a flip? I approached a lender few years back, and had n...

Hi All, New investor here. I'm in attorney review for a 2 family. I want to close but I have a few concerns and they may seem trivial to a seasoned investor. Here are my concerns: - I paid $28k over asking - tenants i...

Hi All! My wife and I are in Vancouver, WA and are small time investors of SFRs and two Duplexes, totaling 10 units. I have decent W2 income and I plan to continue working for at least 5-10 years. With interest rat...

I got an interesting foreclosure lead yesterday that I could use some help with. The seller purchased the property in 2010 using seller financing for $155,000 and he put $1,000 down and $1,000 toward closing costs. Hi...

Here's my situation.
My business partner and I are wanting to open a wedding venue. I have rough financial projections and a rough business plan. My financial projections put us well above a DSCR of 1. Including all...

Thanks to Michelle Lenahan, I know the times and places of foreclosure auctions in Orange County, CA. But I've only witnessed auctions for houses and condos. Also in the papers I'm only seeing notices for homes and co...

Hi, ill keep this short as im sure there are plenty of the same posts, as I have come across a few.  I have a friend that's wanting to lend me 40k to put into a fix and flip.....  What is the best way to draft a contr...

Hi BPers! My fiance and I just closed on our 10th property (13 units total) in the San Antonio area. He has 4 mortgages and I have 5 mortgages in our own name (we aren't married, yet!). I'm trying to understand how to...

Hey everyone! I’m a total novice and am interested into becoming a business owner! It is a 10year established coffee shop in a good location. What things should I look for when deciding whether it’s a good investment ...