Curt Bixel
Private Lending, Driver's License, and a Fake ID
I have completed a cash out refinance of several of my rental properties as well as my personal residence, and now have what, for me at least, is a mountain of cash. I am looking into serving in the role of a private...
Account Closed
Screwed by hard money lender
I came to BP to find a lender for a BRRRR deal because I thought I could trust this forum, and that’s where I found I found HouseMax Funding. I went through the background check and my credentials passed and I was goo...
Ashley Garner
Is 14% IRR good or not?
I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...
Brian W.
A few questions regarding the 50% rule
Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...
Greg P.
Higher End and New Constructuion Question
Hello all, I'm looking to build a couple houses with the same contractor I've been using for rehabs. The average rehab costs is around $35k, but these higher end houses and new construction ranges from $120-160k. He...
Harrison Harner
Getting Ready to Buy My First Property
I've been renting for my first 5 years out of college and investing in my landlords' futures. I'm an engineer in the commercial construction industry moving from Boston to CT in 6 weeks and want to start investing. My...
Ken D.
Help with JV partnership opportunity
Hello,We have been long time readers of the BP site and have found a wealth of information. We have a single 12 unit property which has been in the family for a while. We have taken over the business for now what is...
Tami Warren
What should I do with this property??
Hi everyone! I'm new to this blog and new to the rehabbing and flipping business. I currently own 1 property, free and clear that appraises at $400k+. I want to to flip more properties but I'm not sure how to fund it....
James G.
2 part question from someone just starting out.
Hello all. I am taking in a lot of info from the site but also wanted to get some opinions on two points.
1. Would it be beneficial to get my real estate license when my goals are long term rentals?
2. What is...
Michael Lauther
notice of pendency of action NY
What kind of letter is necessary to make the lender prove they have ther right to forclose?