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12 September 2017 | 0 replies
After calling my lender he explained that I need at least 6 months in reserves that I need to show via savings or liquid funds such as retirement or other investment funds.
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13 September 2017 | 5 replies
I am asking how an experienced investor would follow up because I do not believe this property can be put under contract for a wholesale.Unfortunately I do not have the funds to fund myself a deal due to low income and putting any savings I had into starting this journey (possible mistake).
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9 November 2017 | 43 replies
If it values at $150k and you keep it, consider getting some cash out of the deal to keep your business funded.
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12 September 2017 | 0 replies
Here's the question.....instead of accessing equity, what resources are there to fund a down payment on a 10+ unit commercial property?
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12 September 2017 | 6 replies
$25K is not enough, in my opinion, to insure a solid reserve fund.
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3 October 2017 | 35 replies
The neighborhood is desirable for the area, new homes planned to be built a couple streets over, high elevation, no flooding and underground electrical (electricity is fine after the storm).
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1 October 2017 | 55 replies
I was fortunate to have a savings fund my parent set aside for me I was able to pull out from after college.
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19 September 2017 | 4 replies
HI BP, I want to borrow some funds off of my Dad for a quick rehab but he's new to the lending game and I've never borrowed short term before so we're both curious as to what's the norm for this type of loan?
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12 September 2017 | 2 replies
I live in the NYC area I was wondering if anyone has ever been an investor for a developer for a funded investment in Brooklyn?
12 September 2017 | 1 reply
Looking for advice on how to obtain a secured (using property) non-income verification type loan for the purposes of renovating a non owner-occupied second home that is owned outright in order to to turn it into a short term/vacation rental (thus utilizing those projected funds for repayment).I've looked a lot of options (mostly from conventional lenders) but 99% of them want to see tax returns/proof of income.