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Hi, I'm interested in taking out a hard money loan to fix up my house. I know that they have usually have interest rates around 15%. The reason I'm looking into this is because I won't qualify for a second mortgageM...
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I closed on a house in Southern Utah that was recorded 11 days ago. It was in pre foreclosure so I helped the seller keep their equity by purchasing before being foreclosed. My mortgage company took its own sweet time...
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Hi BP,I got a call from a direct mailout on land here in Texas. The owner of the land is deceased and the caller is the Executor of the will, and also one of the two heirs to the land. We talked for about 15 minutes...
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Hello, I'm new around here and hoping to benefit from the wisdom in this community. I would very much appreciate some experience-based feedback on this situation. I'm preparing to relinquish a commercial rental prop...
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Hello Everyone
I currently own my primary residence in Chicago in which I got the house for 175k and I currently owe a little under 120k. I have been in my home for eight years and I want to invest in another propert...
I have my eye on a 10-unit property and I want to ask the owner if he would sell it to me with owner financing. I currently own the building next door, and the owner of the 10-unit has mentioned (in passing) that he'd...
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I have a few properties and now the bank wants 20 percent down and 6 months of payments per property in the bank to cover my payment just in case all of them go vacant at the same time for 6 months. How do they expec...
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I know that in residential sales, the seller usually pays the commission. However, on loopnet I see a lot of listings that mention a "commission split". Is this customary for commercial transactions? Buyer and Seller ...
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Hello BP Team. We informed our tenants about the possibility of building two ADU's in our property about 2 months ago. We spoke to each tenant and gave them a letter explaining our potential plans. The letter was a ...
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Hello, this is my first time posting on here I am in Canada and have followed this site for years. I have slowly been getting my legs under me and now I have an interesting opportunity in front of me. I know someone w...