Frank Del Corso
Working on our first deal
26 February 2020 | 4 replies
I'm thinking we should look for another lender but what we don't know is if this is standard for a multi-family traditional mortgage loan or not.
Christopher M.
New to BP and REI from Shakopee, MN
16 March 2020 | 8 replies
While in the process of testing several online business ideas, I read Rich Dad Poor Dad, and I have been reading and listening to everything I can get my hands on related to REI.
Esmeralda Chavez
Finding a Realtor in Los Angeles
29 February 2020 | 7 replies
Many stick with traditional buyers and sellers so asking this question is important too.Best,Jason
Austin Montgomery
Contribute to Roth or Save for REI?
26 February 2020 | 2 replies
Those traditionally net about 17% annually.
Sung Park
Newbie with 1031 questions
2 March 2020 | 17 replies
@Sung Park, Traditionally this is what the 1031 is used for - either moving from less expensive to more expensive holdings.
Josh Sayre
I’m looking for a Hard Money Loan solution for REO auctions
26 February 2020 | 7 replies
Based on the Amount owed in the judgement the Referee will request the Opening bid and start the bidding until there is Winning Bido The “Winning Bidder,” in most cases, is required to put down 10% of the successful bid amount, and a predetermined time frame will be set to pay the remaining amounto Also, Traditional and Conventional Loans wont work.
James Ashley
Best way to find lenders who will lend for multi family rentals?
27 February 2020 | 3 replies
I respectfuly disagree there are always people at your local REIA who have a lead on a few good none traditional lenders.
Ella G.
What funds to use for down payment
26 February 2020 | 6 replies
I forgot to add we have also about $6000 or so in a traditional savings account.
James Eaton
Question about the BRRRR strategy
26 February 2020 | 6 replies
Most BRRRR deals are purchased up front with either cash or short-term financing such as private money (e.g. a rich uncle lends you the purchase + rehab amount at 8% interest for a year) or hard money (more institutional lender that will lend based on the property / "hard" asset for 6mo to a year, usually charging 10-12% interest and some points up front).
JD Martin
Looking to you good STR'ers to give me a STR crash course lesson!
2 March 2020 | 18 replies
The community has "traditional" drive-around trash pick up with the cans that the truck lifts.