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Hi All,I'll be purchasing my first duplex in Minneapolis in a couple of weeks and have a banking question for everyone. I currently bank with one of the large, national banks (not going to name names, but it is one th...
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I have heard that I will not be able to get a loan for under 50K on investment properties in MD. Can anyone give me some insight on why that is, even that the properties have good cash flow?
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Hi everyone,I am a new investor from the NYC area and I'm focusing on flipping in Long Island for now with plans on branching out into Westchester, Brooklyn, Queens and eventually buy & holds out of state. I've be...
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Hi BP Community! Me and my husband are newbie investors with zero properties in our portfolio, however we've identified (8) properties we would like to acquire in the next (6) months. One of these properties is a FSBO...
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When borrowers take out a loan for a property, they have to sign a promissory note--a document pledging to repay the loan. Depending on where the transaction takes place, this document could be either a mortgage note ...
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So I bought a 3/1 SFH in Sheffield Lake, OH (west of CLE) with a private hard-money secured loan titled in my LLC. The private lender is using money from his self-directed IRA. The terms of the loan are 12% and P&am...
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I'm about to close on a house (my first purchase!!) and I'm not sure what to do with the layout of the first floor, but it definitely has to be reworked. I've attached an image to this post of the first floor layout.T...
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Curious peoples thoughts on Detroit, MI as an out of state investment property for long term SFR?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $285,000
Cash invested: $90,000
Up/down duplex house hack with significant renovations. Uppe...
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Hi folks. My wife and I are starting up a new business with an target open date of Jan 2023. We are considering renting a space to use but also have an option to purchase a building which looks like it will fit our ...