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Results (10,000+)
Jorge Abreu šŸ“… Critical Dates: Timing is Everything
6 January 2025 | 2 replies
Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.
Dean Dutro Looking for DSCR or investment loans for Puerto Rico
7 January 2025 | 7 replies
Well I'm not a lender or loan broker but I try to keep my ears open about loan products in Puerto Rico.Ā 
Daniel Medellin Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
@Daniel Medellin Regarding your question, it would depend on the lender or bank you're working with if you want to go that route in the future.Ā 
Kris Holt Looking to make new connections!
7 January 2025 | 7 replies
I'm an asset-based (hard money) lender from Atlanta with an extensive 15-yr background in residential and commercialĀ real estate looking to learn more from the BP community and how IĀ can help those that need investment financing.Ā 
Duncan Forbes Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Other states you must cure within 5 days of the sale and the lender can allow it or they can refuse.Ā 
Jonathan Small Sunshine State Showdown: Why Invest in Florida Real Estate?
8 January 2025 | 3 replies
I am having problems finding DSCR lenders with favorable terms in Florida.Ā 
Nitesh Chand Can I sell my house with tenants
4 January 2025 | 12 replies
Long story short, you can, but since you are only targeting investors, your sale price will likely be lower than comps.Talk to a local agent about your local tenant laws and have them review their lease
Rafael Ramos Seeking Guidance and Strategies
11 January 2025 | 6 replies
I work with a few clients who do Section 8 very well.If Indy is on your radar, Iā€™d be happy to share market insights, connect you with lenders, or discuss deals that fit your strategy.
Mike Daniels Carlsbad Flip Property
7 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Graham Lemly Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an ā€œinvestmentā€ property so Iā€™m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?