I am just starting to work on a deal for a 5-plex where the owner is offering financing at 6% APR. I am more familiar with APR with respect to credit cards and not so much with personal loans, so I wanted to reach ou...
Hi All,I've been seeing quite a depth of knowledge on BiggerPockets, and finally have decided to post some questions that I've been thinking about. I would like to know what you all would do in this situation (whether...
Our company is a LLC the lender wants a commercial endorsement (Is there a way around this??) so the title company is requiring a survey (is this required by law? )We have waited two months for a closing (tomorrow) a...
Hello, I live in a small town in southern Alabama (Greenville) and I have been looking for a while for a real estate investment opportunity, in which I was going to fund the flip by taking a loan out on my 401k, I fin...
Our funding portal is working through the final legal items for doing debt projects that can later be sold to the crowd. We'll do interim construction loans, bridge loans, SBA 504 2nds, and various other loan types i...
I couldn’t find if this question was already asked. The BRRRR book did show up though but I haven’t read it yet.
I currently have a home loan that was $245K and It’s now at $222K. I‘m looking to do a straight refin...
Hi New Yorkers - first time buying a home in New York state. I have a SFR house under contract with a close date next month. Question: I've asked my Loan Officer for an update on the mortgage and her response was, "We...
City of Boston has a repair loan for owner-occupants of 1-3 family properties. Maximum is 10K or 20K depending on owner's income. 0%, no monthly payments, up to 33% forgiven in five years, balance due upon sale or r...
My partner and I have a jointly owned LLC under which we currently have one property (3 flat). We have full equity in this property and are looking to refinance shortly.
Is it legal to transfer title from a jointly o...
We are soon to complete a deal to buy a duplex and using a good % of our cash to finalize the deal with a bank. Another opportunity has come up to buy a 4-unit for approx. $125K. This would be for a buy and hold. F...