Doryne Thomas
Is it possible to get a loan if you're retired?
I recently took an early retirement package and I might go back to a W-2 job, but I'd really like to start flipping and buying rental property as my long term "retirement" strategy. I'm just worried I won't be able to...
Jorge Martinez
Hard lender money or private lender?
Hi I’m new to this and this might be Stupid question but can anyone explain to me how this to options work.(hard lender or private lender) I heard something like 70%-30% is that aver you sell or how. I’m trying to sta...
Charles Brown
Hard Money Loan with Seller Carry Back Second
Anyone familiar with any HML or Private Investors that will allow a seller carry back second, in a combination cash and seller carry back purchase, and if so, how would that work out on the Term Sheet, and at Closing,...
Russell Zuck
Private Money: Definition of Terms
I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details...
Daniel Lozowy
How do you close on an Off Market deal? Step-by-Step process
Please guide me through the process of closing on an off-market deal. The owner is interested in selling. Now what? How do I make an offer? What documents do I need? Anything I should know? Does and Don'ts?Thank you
Daniel Dietz
Hello All, We are working our way towards a deal that will cons
Hello All, We are working our way towards a deal that will consist of 9 properties and 16 units with a value of about 1.25M. The owner is open to doing some form of Seller Financing on this deal. As I have been dig...
Matthew Jonas
Best RI Bank / Credit Union for Creative Financing
Bigger Pockets Community,Lately, I have been submitting offers to sellers asking them to carry ~25% LTV (i.e. the down payment amount). This allows less investor capital to be put down on a property while getting the ...
Daniel Okorie
Multi family purchase
I'm trying to purchase a multi family property in Houston tx as an owner occupied but running into dti issues because of student loans. Because of what I filed on my returns as income I pay myself from my businesses, ...
Christopher Davis
Live/Fix: Hard Money -> FHA
I don't have enough skin to get into the game. I'm being priced out of my target market with cash offers. Is there a way to use Hard Money/Private Money to purchase the home and then IMMEDIATELY start the process to g...
Account Closed
Need Help with Land Loan ASAP
-13 acres in Amherst, Va for $130k with purchase agreement signed and closing date of 15 March. -$70k down. Looking to finance $60k or if it makes sense for lender, we put $70k towards loan of $130k. -Credit around 66...