Terry Sutherland
too good of a deal? hard money
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Tim Sipowicz
Primary residence as a rental
I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...
EJ K.
Tenant removing upgrades They did
Hi, have my own rental properties but my mother in law is the tennant in this case. She decided to shut up shop on her preschool and move into her home to downsize. She rented for many years and was responsible for tu...
Chris Murdien
92 units outside of Houston; need help analyzing deal.
Hello BP Investors.I came across someone selling their 92 unit apartment here just outside of Houston. The seller and I are at a standstill on negotiating (she wants non-refundable earnest money), so I could use exper...
Andy Grubbs
Dominion Financial Services/ Private Money
Does anyone know of or had dealings with Dominion Financial Services. I received a letter from them wanting to finance my next flip but I can't really find out much about them online. They are in Baltimore, MD. I may ...
Sartaj G.
Paying down 1 or 2 morgages faster with extra payments
Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years. I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular ...
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
I have an investment property that I bought as my primary home awhile back in Bend, OR. I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely se...
Barbara Long
This is tooo HARD! :(
THIS WHOLE SALE THING IS TOOOOO HARD !!!!!!!!!!!!!!!!!!!!I have a cpl properties that I did the #'s on .....and no bites. I did the financial calculator on them...(there good to go))They are good deals. If I could g...
Jacob Crow
Questions on Finding a Lender and Agent
Hi all! I have been a big fan and follower of BP for some time now. My fiancée and I are finally starting to invest in Real Estate through a house hack in the Chicago area. We are currently in the process of looking f...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...