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Results (10,000+)
David Kuhlke How much rehab is too much?
4 March 2019 | 4 replies
Here is what we do for our BRRRR projects:Buy distressed properties (cash with private lender)Rehab is 20-30K on average Rent it out at the top of the market Refinance (we created forced equity)Repeat the process Rehabbing at a better level provides higher quality tenants and higher rents.
Ryan Rush How do I set up a private money contract and how do I start?
5 March 2019 | 2 replies
@Ryan RushThere would be private lenders or hard money lenders; who can do a blanket loan; as a fixed DEBT funding; as a loan on the property.Some people go for EQUITY funding with private lenders. 
Account Closed Please help me analyze my first rental investment (house hack)
6 March 2019 | 8 replies
I have seen similar roof issues while touring other properties in Hamtramck and Detroit, so I know how common it is around here (unfortunately) but what I like about Hamtramck is that there are so many duplexes available here!
Daniel Claroni Can you Buy FHA Non Performing Notes from Quicken Loans
7 March 2019 | 6 replies
Quicken does not sell notes to private investors.
Tiffany Smith Stuck -getting approved loan
4 March 2019 | 6 replies
Have you spoken with any private lenders about your property?
Keith Grayson Listed as SFR, but turned out to be a 4-plex
4 March 2019 | 0 replies
Private money loan How did you add value to the deal?
Matt Crawford What is my best financing option on this 5 unit property?
7 March 2019 | 10 replies
The payments for a partner/private lender over 3 years will be MUCH higher and decrease your flexibility if you find another property to invest in.As far as banks, shop around and make a new post on BP specifically asking for banks that do what you are looking for in your area (or Kansas City which is big and has lots of BP members).
Mitchell Berry Best loan for distressed fourplex
5 March 2019 | 1 reply
We’re looking at private and hard money already.
Shuo Wang Seeking suggestion on first rental property
5 March 2019 | 21 replies
I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100Kown: 560Krate: 3%, started at 08/2016 with 7/1 ARMInvestment house:Price 290KIf I take another loan for investment house, the rate would be 5.00 for 30 year fixed.