Mike Mitchell
How to get rid of Debt?
I found myself in around $35,000 of debt and every penny I earned just paid interest on my credit cards, forcing me to start borrowing to live each month. It began almost as soon as I turned 18 when I received a pre-a...
Nick Kalinski
Student Debt Hindering Mortgages From Banks
Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
Si L.
Seller Financing Help
Hi BP community.First post, I'm the seller of a SFR, and will be carrying the Note (seller financing) to help out the buyer/tenant who is someone I know.I have no experience in such deals. Is there agreements/contrac...
Kwok Wong
Seeking Advice on HELOC Dilemma
Hello BP community, I am reaching out for advice on a financial decision I made that I am now realizing was a mistake. I used a HELOC on my primary residence to purchase a long term rental investment property. Subsequ...
David Barajas
Refinance out of FHA to CONV with HELOC?
Hello, Looking to get advice on what is the best option for my situation. Here it goes: I have an FHA Loan on my primary residence (currently in forbearance) with PMI of $208 per month @ 3.375% interest mortgage rate....
Charles D Cruz
Portfolio line of credit
has anyone used a portfolio line of credit against a brokerage account?
Thinking about using it to make cash offers on MF, then refi MF to repay. So that I could become my own hard money lender at 3-4%. This is abou...
Jay Hinrichs
FAKE lender E mail those seeking private money are targets
Dear Jay Hinrichs,
In terms of my loan criteria, Please find my terms listed below to help guide you through
I offer a wide range financing that involves the following and many more.
a) Personal loan (unsecured...
Demarco Brown
Is it a good idea to use a Hard Money Loan to BRRRR?
Is it a good idea to use a hard money loan to invest in a long term real estate property using the BRRRR method if i have little capitol?
Din Kadric
REAL ESTATE IN EUROPE / BRRRR METHOD / WHOLESALE / SHORT TERM
Hello everyone, I need help, I just entered the real estate game, I'm interested in BRRRR strategy, can I use in Europe, for example Germany, does anyone have experience, I read on the forum that wholesale is impossib...
Harambie Brannon
Anyone know a lender that goes to 0 DSCR or second lien DSCR?
Currently interested in seeing if anyone has a lender that they use for DSCR first or second lien positions. I know a few lenders go down to 0.75 DSCR but what about a true 0?