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Hello-New to this site, but have eard unbelievable things and excited to get going. Was wondering about condos. It seems like, for the time being, they are the last affordable thing in growing and popular cities. Do p...
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Just wondering, is it possible to refinance a hard money loan? If so, what institutions would do so. I have read that hard money is not a long term finance strategy, so what is the next step once time runs out?
I'm new to BP and to REI, but I'm ready to make my first purchase. As I've been hunting for the right duplex-fourplex, I've gotten as far as applying for a deal I'd found, only to find out my credit wasn't sufficient....
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Hi all,
Im just starting out and am realizing that the first step is to set up goals and a strategy to meet your goal. I could use some help developing my ideas.
First my situation:
I am a 38-yo single man living...
Hello, I'm looking to get opinions on what I could do. I bought this Florida duplex in 2016 for $220,000 current it cash flows a gross monthly amount of $1100 the market value is around $340,000 and I owe $203,000 on ...
Hi everyone,
I am very interested to hear how different people finance their buy and hold investments using investors. How do you structure your deals when you are using OPM? Do you use equity and debt partners or ...
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Greetings BP-I'm having trouble locating lenders that specialize in fix and flips. I keep reading that hard money is the industry standard for rehabbing homes, but locating them has been fairly challenging. Most websi...
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Does anyone have experience managing a short term rental long distance? My family and I are considering using our primary Florida residence as a STR while we live in another state for a season. I researched our area u...
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Hi all,
I was a licensed realtor (Washington State) for a number of years, so I have the RE experience from that angle. My question is how many of you write your own Purchase and Sale Agreements? Where do you get t...
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Hi, BP. I am in Phoenix AZ.I am trying to buy a condo in Phoenix area for short term rental. Property price is $125,000. How much do I need to put down? My credit score is 740 and upMy lender told me it is easy to qua...