I owe 110,000 on our personal residents that was just appraised at 260,000. Now I'm new so this might be a silly question but here it is. If I took out a heloc on 80 percent of the 150,000 now and the housing market d...
Many of the tenants I’ve had are ones moving to the area from out of state. The last tenants at one of my SFH rentals were comfortable securing the property remotely based on the photos and video tour, signed the leas...
Hello Everyone,Any input is appreciated. My father in law has owned a full service auto repair shop and used car dealership for 30 years. It sits on a one acre property. Recently the lot next to him which is 9 acres ...
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
What do you when you used credit card debt to renovate a house that was over budget and still need to finish the renovation?
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
Hello! We showed one of our properties to a women yesterday and her 2 kids. She really liked the place and asked if we would be willing to work with child protective services. She said that she is displaced right n...
Hello everyone! I currently reside in Chicago Illinois and I was thinking to take a hard money loan for rehab properties. Would that be a good idea? If yes, which private lender would be the best in chicago area? And ...
Hello BPers,I have been learning as much as I can from BP for the last 3 months and had started reading about real estate a few months before that. At this point I feel stagnant. Over the last week I have been buil...
Greetings ALL!Im a new investor looking to collect 70 commercial multifamily units!My question for you is: What are the qualifications that need to be met in order for a commercial multifamily loan to be granted? (I d...