I have my first deal under contract. SFH purchased for $25K in Clifton Heights, PA. I am estimating the Rehab cost at just over $50K. We are using our own funds for the purchase price and closing cost and have fund...
A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
Hey guys, I'm relatively new to BP and new real estate investor, are you guys familiar with mortgage companies that are willing to finance properties under $30,000? I haven't been able to find a company that does.
I found a property that I was going to TRY(i say that cause I needed funds) and buy to fix and flip...however life situations have come up and I need a home for my self and 3 kids with the one on the way...here it go...
I was curious about anyone's experience or perspective on investing in specific deals offered by the crowd funding platforms, vs investing in real estate investment funds (which are also offered periodically.)I spoke ...
Hello All, My partners and I have grown to 30 rental units in our local area and things are going very well, thanks in a large part to what we have learned here on BP. So far we have used almost all Portfolio Loans du...
Hello everybody,My name is Michael, and I am ready to begin my journey into real estate. I graduated college a short time ago and worked as a broker for a third party logistics company located in Kansas City, MO. Now ...
Hi everyone, my name is Jeff Smith. I am basically looking for all the answers about Hard Money/Private Investors/Mentors. I just want to dive in on the subject and get all the ends and outs. However, I am brand new t...
Hey all, I have been trying to get a loan for my second rental property and it has been very frustrating to say the least. I cannot go through a bank to get a mortgage. I am currently unemployed, but I have multiple s...
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!