Hello BP,I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but a...
Hi BP Family -
I am in the process of closing my first deal. This will be an owner-occupied rental with 60 days' rent back before I move in. For the most part, I have an execution plan laid out. One aspect that I st...
Hello everyone I'm currently investing in Fayetteville North Carolina and needed advice on furnishing a potential rental when I'm not in the area to do so myself or furnishing an Airbnb for long distance investing. So...
I'm finishing up a small Condo Conversion in Denver on an existing 3 plex that can only be split using the Condo approach. It will be self-managed by the new owners. Getting back quotes for a Master Policy that just i...
Hello All!
I have a live-in maintenance man, and I'm interested in making him the onsite property manager for an 8-12 unit complex. Curious what his compensation should be for the additional workload.
Should I ...
Hello BP World,
I am looking into trying to do a house hack for my son, he is college student attending a school in the Bay Area with a job and great credit. He would be the primary borrower and I would cosign on the...
Some contractors have pretty detailed scopes and contracts, including payment schedules. Is it unheard of for me to add an additional contract that only outlines the payment structure? This way I can include penalti...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $145,000
Cash invested: $45,000
Purchased 4 bed, 2 bath distressed property with intention to fix and flip. Plans t...
Good afternoon, I was approached at work today by the owner of our company, asked me to move forward with taking my exam, study 2 years to become a broker and partner with him. I need some help on making all that happ...
Good morning everyone. I hope you all have a great Sunday. I am considering getting my real estate license and was hoping to get some feedback from the community. First, my biggest challenge is that I dont know a brok...