I was informed of a new regulation requiring 12 months of seasoning in certain scenarios and wanted to find out if this would apply if the primary loan of an investment property was a hard money one. It seems to not apply to a HELOC. Please see below and thanks in advance!
For a $1,600 per month 1 bedroom apartment, is it common to get first and last month rent plus one month security deposit before move in?
Aloha BP community! REI newb here with a question about underwriting when a cash-out refi / BRRR / HELOC / HELOAN is part of your plan. I often hear in the podcasts - especially the Real Estate Rookie Podcast, talking about using your home's equity as a vehicle to finance your next purchase. I cu...
Hi guys! If you’re investing in the Tampa Bay area and ever need an experienced local investor to run over to a property for you, give me a shout. Photos, walk-thrus, scopes of work, contractor meetings, project checks, milestone progress payment verifications, measurements, deliveries, or whatev...
Hello BP My wife and I are taking the steps to getting into the game. I would like to hear from all pros any and all advice. Our plans is to get into the multi family. We have pulled the equity from our home started the LLC.
Hello BP team! Newb here - just starting out on my REI journey. I have a solid LTR and one MTR, but would like to grow my portfolio. The problem is (shocker) I don't have a lot of capital to invest. Additionally, I am working on paying off about $30k in debt (a credit card and our two vehicles) b...
Need an reference for a good attorney, in the Pinellas County, FL, to file a suit and get an uncontested judgment for me. It's for a note owed to me from a property that was flooded and went down in value. I don't believe the creditor will fight it. Thanks, Steve
Hi everyone, I have connected with many people from this community in person, and I finally decided it was time to join the forum. My name is Jeffrey. I am a full stack engineer with more than 10 years of experience and a real estate investor. I began investing in multifamily properties about eig...
Been doing cold calling specifically for wholesalers for a while now, and figured I'd share a few things that made the biggest difference for our clients' pipelines — in case it helps anyone here running (or thinking about outsourcing) their own calling: Speed to lead matters more than volume. A ...