Mark Andrews
Maximum duration of a Hard Money loan?
Hi all,I am thinking about starting a Hard Money Lending company and was just wondering if writing a 30-year hard money loan is even an option? Does anyone know if there is a maximum duration on these types of loans, ...
Chungsoon Haw
Potential First Investment - In Need of Help
Hey guys,I found a semi detached property going for 90,000. The expected rent is 950 for a 2 bedroom apartment and from what I see, 1200 for a 2 bedroom semi. Vacancy sits around 3% in the city.The exterior looks like...
Anthony C.
New Investor in Atlanta, Ready to Begin
Hello everyone! I have been lurking on and off on BP.com and have listened to a dozen or so podcasts/webinars. I have been compiling my goals and plans for beginning my real estate investments and I just want to run t...
Matthew Lewis
Off-grid build-to-sell feasibility
Let me preface this by saying my wife and I are real estate newbies, so this idea might be horrible. That said, it seems to make sense conceptually, so I'd be interested in more experienced opinions.In a nutshell, we'...
Colton Pierce
100K HELOC - First Property Advice
Hi! I am looking for some advice on how I can maximize my $100,000 HELOC with Real Estate Investing. Here are some of the specifics of my situation:Currently residing and working in Salt Lake/ Utah County. Which I wou...
Vivek Kumar
People with poor credit but seems due to living on cash
So I got a tenant application who has a credit score of about 520 and same for spouse. No debts and almost nothing on credit report. It's almost blank. With a few inquiries from auto dealers. they shared 3 months bank...
Brandon Belanger
Home Equity or Line of Credit ..... Starter investor
I'm am a starting Real Estate Investor and I am in the planning stages right now.... I'm using the The Property Buying Process as of right now as a guide from the Ultimate Beginners Guide
So I am on step th...
Marilin Matos
Newbie: Accountant from NYC/NJ
Hello Everyone,My name is Marilin, 27 years young, I'm from NYC born and raise, and I have some big dreams! I have been saving, education myself on finance, and researching what to invest in since I was 21. I always h...
Kevin Last
Inheriting Tenants
I just got an accepted offer on my first investment property. It's a duplex in Wisconsin and I'm going to be inheriting tenants in both units. One of which is a section 8 tenant. Wondering if anyone has any advise?...
John Thedford
NPN 1st-3 Year Balloon--Due 1/2012--Note Not Enforced
Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...