Mike Rosso
Best way to finance my first rental property
Hello BP community. I'm looking for some advice on the best way to finance my first rental property. The property I'm looking at is currently on the MLS priced around 100k. The unit is already rented an does not requi...
Quortney Williams
Seller financing or rent to own opportunities..
Hey All!I have a new client who really wants to purchase a home, his credit isn't the best (in his words) and he'd rather do some creative financing then go through an traditional bank. I'm curious if there's some swe...
Julius Kerschinske
Letter of Intent Help
The 3 hardest words in the English language are "I don't know." I'm here to say, I don't know, and I need help. My business partner and I have a property we're very interested in, and believe we can make a deal. This ...
Fabrizio Vallejos
Starting a Career in Real Estate
Hello, I am about to make the decision on whether I will be doing Real Estate as a Career or not. What would be the advantages of Obtaining my license and becoming an Agent, Versus Finding another career path and inve...
Patrick Erdman
Partnering with Investors with Lease Options
Hello, I would like to market to a select group of people in which a lease option might be a good idea. I'd like to act as a deal finder/middleman essentially as I don't have the capital, experience, etc to purchase a...
Account Closed
Can I make a loan to my business and then later refinance it with traditional bank?
So I put an offer on another property today that will be a buy and hold. It will need about $15k in rehab work. I would like to make a loan for the purchase price plus rehab to my business (an llc) from my personal ac...
Account Closed
We Have Entered The BIggest Opportunity of Our Lifetime
Have you realized that just because you were comfortable with the way things were, doesn't mean they were better than what things have become? Yes, there is a recession on. Who cares??Now is the best time to get into ...
Susan Tan
This last step is tricky: Refinance! Can I do refi w/o a W2 job?
I'm a self-employed real estate rehabber doing BRRRR for the first time. I do not have a W2 full-time job this year. When it comes time to do the last "R" or refinance with a traditional bank to pay off a hard money l...
David Stone
Should I use Owner Financing?
Looking at at buying 3 duplexes from one owner. ($200k+) This would be my first investment besides my house which has like 35k in equity. I don't make very much ($22k/year). So I'm wondering if the seller financing w...
Joy Jones
Buying from your LLC
Hello BP,
Had a question if you use HML to buy a flip in your LLC, and decide to keep if for yourself later, can you buy from yoIr LLC with traditional bank loan?
I had a friend actually keep his flip for his primar...