Austin Bright
Getting my hands on an inspection report... Possible?
22 January 2020 | 8 replies
The folks at SWBC will come alongside you throughout the renovation process and have a database of contractors they've already vetted and approved.Regarding appraisals, most 203(k) lenders will appraise based on the ARV of the property, so that at least works in your favor :-)Good luck!
Kyle Rottenberg
New to home buying - Boston area
19 February 2020 | 15 replies
Many, many of us started with Rich Dad Poor Dad so that's definitely a good launching off point.The best financing terms you'll ever get will be for owner-occupied, so if you're able to do 3% down and the #s still work well enough, I usually do recommend the BRRRR strategy to new folks as the best way to get started.It sounds like you got some great experience in RI - the ability to do some renovations will be a big help if you get into rentals in any significant way.Networking is important, but the best advice I can give for that is, don't network with everyone.
Steve LeBlanc
Commercial Real Estate Loan for deals under $300k
7 February 2020 | 13 replies
@Steve LeBlanc sigh, it’s amazing how many folks are short term thinkers, banks included.Find a small (500M-1B) and likely local bank that does portfolio lending for clients.
James Lewis
Looking to start in Columbus OH area
30 January 2020 | 13 replies
Hi BP folks,I'm hoping to become a new investor from Seattle looking to invest in the Columbus area.
Tanner Williams
Newbie from metro Detroit area Michigan
3 February 2020 | 13 replies
These forums are great and you will find a ton of folks looking to help you out.
Vic Hartounian
Need help with Asset protection
23 January 2020 | 8 replies
I personally do not like trusts in doing asset protection, but I do know some smart folks with different opinions.
Steve Montalvo
Hard Money with Equity Instead of Cash?
29 January 2020 | 13 replies
I will ask tomorrow if the folks I used can lend in CO if you’d like.
Cory Zimmerman
100K with NO experience.
24 January 2020 | 9 replies
You definitely want to network and take advantage of the connections the more experienced folks have made.
Elijah H.
Seller financing- how to make deals work
25 January 2020 | 13 replies
Folks, This is a way I can sell properties, for a premium, that may not qualify for a conventional mortgage.
Josh Lustig
Next-Gen (better, new american) vs local lenders?
24 January 2020 | 2 replies
Curious to hear other folks' experiences.