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Results (10000)
Lee Jedlicka First loan - LLC obstacle
21 May 2020 | 19 replies

Hello, amazing community,
I am about to purchase my first duplex in Florida and having a hard time obtaining a loan because of my LLC not being active for over 2 years.
I have been working as W-2 for 8 years. Beco...

Pete Torrez multifamily financing, 5 plus units
21 July 2019 | 8 replies

Good afternoon. I am in the process of finishing construction plans on a really cool industrial design loft multiplex. Very edgy. and low maintenance design. I have worked out the initial financing for land acquisit...

Jean-Paul E. Gagnon Should I be worried about my DTI?
12 March 2020 | 13 replies

Hi folks. Just dipping my toes into the whole "private lender" thing.Conventional lenders are not lending to me because the deal I'm considering will bring my DTI from 5p% to 53%.Found a guy on BP who is fine with tha...

Grant Smith HELOC or cash out?
10 July 2014 | 11 replies

Hows it going BP?

I know there has been touched upon before but id like some advice for my specific situation.

My current primary residence has about 100k in equity in it based upon my loan amount vs ci...

Andrew Galeano Private money question
1 March 2019 | 7 replies

Hey everyone,So im currently thinking of putting a single family property under contract. Here are the numbersPurchase Price: $155,000Rehab: $70,000Arv: 325,000I recently House hacked my first property in New Jersey. ...

Andrew Chong Getting started in MF with 100K
28 April 2021 | 9 replies

Newbie here, no deals. My goal is to buy and hold and invest for cash flow. I've done a solid amount of educating to the point where I feel like I am ready to take action. I want to start my REI career in small MF 5+ ...

Matthew Roberts BRRRR Investing Question
19 August 2017 | 9 replies

I'm looking to begin investing in the San Diego. For BRRRR investing, why can't you take out a normal loan on a home and then fix it up and then refinance it? If I'm trying to buy a SFR here in San Diego, I'm going to...

Ryan Underwood Buyback FNMA Mortgage at less than face value
31 May 2023 | 6 replies

The face value of any given mortgage note hinges upon a few things, but lets consider it's a 1) conforming, 2) performing, and 3) in the green meaning favorable LTV. Now let's assume it's a 15yr conventional mortgage ...

Adam Pervez Mortgage rate at 6.5-6.7% for a 5% down
22 July 2024 | 9 replies

Hi,I have worked with a few lenders and have been seeing rates for a 5% owner occupant conventional loan floating around 7.1 - 7.3%. I recently got in touch with a smaller bank that is able to do a 6.5% interest rate....

Vladimir K. Is this typical for Hard Money Lender?
16 September 2013 | 6 replies

After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...