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9 June 2024 | 9 replies
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
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9 June 2024 | 6 replies
We would both be on the loan.
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9 June 2024 | 2 replies
Is it possible for a private investor[non hard money lenders] to pay down your loan and secure a lien and for you to pay them back, and if so where do you find investors that would?
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
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7 June 2024 | 15 replies
When you're evaluating the credibility of a hard money lender, here are some key steps and considerations:Checking Credibility:Reputation and Reviews: Look for online reviews and testimonials.
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9 June 2024 | 4 replies
I was able to do a DSCR loan and re-coop my entire investment.What made you interested in investing in this type of deal?
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10 June 2024 | 5 replies
While I've typically focused on single-family homes, my journey into real estate began with buying my first house using a VA loan and house hacking it, then acquiring additional properties from there.
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9 June 2024 | 2 replies
In the BP BRRR calculator, the 1st section in regards to loan details is the purchase loan details, this is self-explanatory enough, but what I noticed was the section of it (required section) asking "Amortized over how many years".
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9 June 2024 | 14 replies
I've never seen a link to owner names on Zillow.I know in our counties, the owner's names are not listed online in county records.
9 June 2024 | 7 replies
His name is on the construction loan and it is secured as well as the cash to purchase the property came from a heloc from his personal residence.