Joseph Tarallo
203k fha
Does anyone have any experience with a 203k fha loan? The property I'm buying needs work but I rather use my own cash. Because i hear the loan rate and expenses is a lot higher when using fha 203k. What's the big di...
Gary Garcia
Should I buy a 20% cap rate portfolio or by 1 by 1 BRRR cash
Should I buy the portfolio or use the cash to buy 1 property cash and start BRRRR from there one at a time? I’m in CA so this will be out of state. I’ve found the best PM who manages projects and has a great contracto...
Account Closed
Dodd-Frank & Private Lenders on Owner Occupied House
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
Joseph R.
Did I miss my chance?
Hello,I am preparing to purchase my first home, here in South Florida (Boca Raton) and I would like to live in this house for a year or so and then rent it out. However, I am concerned how the home values have increa...
Brian Pyle
Trouble Locating Current Holder of 2nd Mortgage
I am the note owner on a NP 1st mortgage on a property in Alabama. The property owner has moved out and has agreed to enter into a DIL agreement. There is a NP 2nd mortgage on the property that I would like to eithe...
Brian G.
forming my first entity
Ive been doing RE investing for about 3 years now and I have 4 SFR in 2 states. I plan on buying more this year. It is my goal this year to start to operate more professionally so I can continue to scale my business. ...
Jeff L.
Indianapolis - Out of state investor looking to build a ground team
Hi!I'm an investor from Southern California who is just starting out. I've decided to buy my first rental property in Indianapolis. I'm in the stage of assembling a ground team and mortgage shopping.I'm looking for a ...
Mazen Al Ashkar
Investing in Mexico, Puerto Vallarta
Hello BP,
I have a friend of mine who's enjoying his condo investment in Puerto Vallarta, beach front condo for ~100k USD. With short term rentals, he's making healthy returns. I have some cash set aside and was wo...
Matt Wells
Insuring my rentals. ACV vs RCV & $5k vs $10k deductible. What would you do?
I'm re-evaluating my insurance on my properties. I am going to insure for purchase price + rehab cost, not the appraised value. I am getting proposals on ACV and RCV policies and $5k, and $10k deductibles. If there is...
Andy W.
How to split an R2 lot just under 10,000 sqft into 2 R1 lots
Hello BP!I have an R2 lot just under 10,000 sq/ft that I would like to split into two R1 lots. Currently there is a house in the front of the lot which I wish to keep. My goal is to build a house in the back of the lo...