Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...

Hi All,

Closed my 1st deal from the the 1st 1,000 mailers I sent out to absentee owners mid May.

The 2nd mailer (1,000YL's) produced less than 12 calls and my last mailer produced 3 hang ups and a not s...

Hi All,I know that most of us here are very familiar with the idea of gentrification. It comes up all the time in the media, it’s something that some buy and holders will look out for, and it’s a code word for rapidly...

Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.

Hi everyone,Been a long time observer but this is my first post so please excuse me for going back to basics I’m trying to figure out what’s the best strategy to start and if in your opinion you should buy your first ...

Reposting this in a bigger forum for feedback:I own 7 condos in a complex close to a local college. They were all bought for under 100k and are worth 150k now. My uncle who invests in property says I should post 2 of ...

I'm interested on what folks think of PEX.  I love the stuff and find myself pulling out perfectly good copper pipes and replacing with PEX.  For those of you who have it in use, how long has it been in place?  Have y...

I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...

I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...

Hey BP,It's me again and there is so many questions I have that I know I could probably find here on the BP forums, but I find myself in the same rut. Money & Credit. I myself come from a very poverty stricken are...