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So here is the question: if you were looking to build a portfolio of 50-100 SFR, you have 2 great W2 incomes, perfect credit, and $50k to start it with, where do you begin? Do you build slowly, and start with 1, tradi...
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Hello,
I'm interested in getting into RE investing, looking to purchase an auction home. I want to flip the home but my questions are:
1. Can a hard money lender provide funds to acquire an auction property?
2. I...
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I'm new to the forum (thanks to all that are so active and open!), and am just starting my own home building business, I am also looking to build a portfolio over time (no hurry) starting in 2016. My goals include me ...
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With all these up front fees, what is a good hard money lender that doesn't require a application fee? I feel that these fees should be included in the closing not up front. A little understanding goes a long way!
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Hi everyone. I know BP Podcast has interviewed at least 1 syndicator that doesn't sell the property, instead keeping it and persistent cashflow distributions. I was wondering if anyone has invested with a syndicator l...
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Wondering whether I should use money from an inheritance I'm getting to do a fix and flip, or find a hard money lender instead.
This will be my first deal on my own, as the last one I did was a partnership with my ...
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Hey guys, so a few weeks ago I closed on a 90 LTV HELOC for a duplex I househack. I was obviously was able to get this high of LTV because I was owner occupying the property. The HELOC is for $57k, but I had to use $3...
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I've had difficulty finding funding for this deal because my net worth isn't 2X the bank loan amount. I've found the always talked about but nearly impossible deal of nearly 0 money down in multifamily. I have 100K I'...
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Good morning! I’m trying to close on a DSCR property for STR in Destin, Fl. My down payment has gone from 20-30% and appraisal focused on cash flow income to appraisal on long term rent.
I would appreciate any help ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $79,000
Another INF CoC return BRRR complete!
Purchased price: 79,000
Rehab Cost: 91,000
Appraised va...