I own a couple rentals in the same out-of-state city and am potentially interested in purchasing more in the same out-of-state city. I would like to establish a long term business relationship with a lender for one o...
Hi BP, does anyone have a recommendation for a commercial lender especially familiar with the Indy market? I'm looking for financing options on a mid-size apartment complex.
So I'm trying to figure out the best return from these two mortgage options. Option A is 15 years at 7.5% and Option B is 30 years at 8.0%. Assuming that your monthly cashflow can cover either option, which option lea...
Hi all, looking to purchase our first full-up investment property. Our properties so far have been acquired using the "nomad strategy" (purchasing a primary home, living in it for over a year, then moving and renting ...
I am interested in becoming a private money lender. Whom might someone like me contact in order to get an initial start-up loan/funding? Some people have told me that you need to use your own money, however I just wa...
I'm very interested in renting out my current primary residence and moving to a different city but the mortgage I have on the property is higher than most of the monthly rents for similar properties in this market. An...
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit. The plan is to keep operating the property as a PadSplit post-acquisition. W...
I bought and moved into a 2-family duplex about half a year ago now, with a FHA mortgage and 5% down payment. In the next 6-12 months I want to attempt the same thing, but of course with a conventional mortgage this t...