Luke Schumacher
Seller Finance BRRRR
Quick question to any one with experience or lenders out there!Im looking at an opportunity to buy a 3/1 brick home in Denver with seller financing. Its a shorter term though, 500k at 2.5% amortized over 30 years, wi...
Danna Gallow
First Investment Property!
Hey Y'all. I am @KountryNotary. I am making the transition from a Mobile Notary into Real Estate Investing. I have a great deal of experience with Real Estate Documents, strong knowledge of my local market in Southe...
Miguel Martinez
Private lenders for creditless foreign student
Hi everyone, so I graduated a year ago in an MBA program in a nice school and now I have a great stable job reasonably well paid. I am here in a 3 year work permit after my studies but my status is still student. I am...
Eli K.
NNN beginner question
Hello I have about 650k of equity in a home and I'm thinking of getting out and buying a NNN like a Starbucks or another strong tenant with a long lease term, my first question is can I put it as a down payment on a 2...
Drew Bittle
Searching for Condotel Studio Lender in Myrtle Beach
Hello BP People!I just got back from Myrtle Beach SC and I'm ready to purchase a condotel. Problem is, the lenders my Realtor has done business with will not do a loan for a studio. Units require at least a true 1 bed...
Nalo Coban
Personal Loan for down payment to get started???
Hello BP family,
What are your thoughts on taking out a personal loan of $10K to use as a down payment to get started on RE flip?
Has anyone done this before?
What are the pros & cons?
Luis Montanez
Is this why the economy is the way it is?
Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...
Lori Bray
CASH OUT REFI, DEBT TO INCOME TOO HIGH, DO I NEED AN LLC?
I need advice badly. My husband passed away so my W2 income is now half what it was. I have 2 single family rentals and a duplex. Plus my personal home. We never started an LLC. I spoke to Wells fargo about cash out...
Account Closed
Using private money and refinancing on first deal.. Success stories?
Hi everyone,I'm starting this thread to get a better understanding on the limitations of refinancing out of private money.. I'm very close to making my first deal and through a fortunate connection I have found someon...
Steven Barr
Is this loan too expensive?
I just purchased an investment property for $91,250 with 20% down on a FNMA backed loan at 7.625% interest and was charged the following:3.909% loan origination: $2,854Appraisal management fee: $85Processing Fees: $80...