I’m looking into buying a 5 unit complex. I will be partnering with 2 other people in a LLC.what factors go into securing a loan for such property? Does individual credit and financial records matter? Or can we get a...
Hello BP,Newbie here..So I noticed that quite a bit of folks hold a stockpile of cash for each rental property that they have to be safe. Say you buy a reasonable priced home that's in fairly good condition low maint...
Hey everyone,
I currently own two 2-unit rental properties. I live in one unit. I have owned one of the properties for 8 years and have approximately $90-100k equity in that house. The house I live in, I have owned fo...
My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...
Hello everyone,
Throughout my 2018 experiences in RE, I have decided to set some realistic new goals for the New Year which I am really looking forward to. Before I do, I wanted to reach out in hopes of obtaining som...
I am working on my first large multi family 100 units. Although I manage single family homes i am planning to hire out for this project. The quotes and proposals are all over in price. What kinds of rates and fees ...
Hi I recently obtained a tax delinquent list and feel like I have some good leads. But I'm not sure what motivated level these sellers are at. With that being said for a house that is worth $250-300K, around how much ...
I have recently received my first judgement from an eviction. What am I able to do with this? I am pretty sure I will never be able to find the evicted tenant or any new job they get in the future. Can I use this t...
What’s up BP!?
I recently came across a close family member who is willing to take out a HELOC on their home and allow me to purchase additional properties. A little background on myself: I just purchased my first ho...
I'm fairly new to the investment game. As a wholesaler, I've learned to reach out to other wholesalers to attempt to close deals. I've been fortunate to find buyers, who actually depend on me to find them properties...