Has anyone thought about what a permanently low interest rate environment looks like? Which strategies will dominate? For example, my end game has always been to hold real estate and ultimately carry back after rates ...
My name is Eric Schmid and I am new to BP. I am almost 21 years old. I'm from Madison, WI, but am currently attending school in Minneapolis. I have been doing a fair amount of reading and have listened to nearly all o...
I am ready to move forward with a deal for a flip property. I developed a relationship with a HML who was also ready to move forward contingent on inspection of the property. I have now been waiting a month for the l...
Hi BP Community My buddy/partner and I are going into the world of REI together and have set our sites on Big Bear and a short-term vacation rental property. We plan to visit next week and are hoping to connect with...
Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...
Are there any general guidelines for what type of entity is typical for a note business? Outside of notes, you typically do your buy and hold in an LLC, but your active work (wholesaling and flipping) in some type of ...
So I have an investor client who is using a hard money lender offering 7% and 2 points (the "broker" is adding 2 points and a $1000 application fee). They run credit, require 2 year tax returns, pay stubs, 10% down a...
We are new investors looking targeting 3 long term rental properties this year. We currently have one LLC but are going to potentially apply for two more once we get up and running. We have about 60k capital that we a...
i’m looking at a six unit property in upstate New York. They’re asking $200,000, I need like $300,000 in repair and ARV of like $700,000. The problem I’m running into is that a residential broker won’t give me a mort...
I am trying to help out a friend, who bought a house, that has leasing tenants, in Spalding County, GA.Per the lease agreement, she gave them 60 days notice.However, per the lease, no unauthorized tenant is allowed, a...