So far I have only looked into two hard money lenders but both have indicated the same thing in their website, they will not fund owner occupied dwellings. Does anyone know why this is? Are they concerned about the co...
Hello everyone! I am currently a college student going into my junior year of college. I have had a rough time picking a degree but I am now very interested in investing in real estate. I want to work for myself as op...
I am a newbie here, thanks everyone for amazing information.
We are buying our first STR, paying cash, our LLC is in the process of being formed but will take another 6 weeks our Attorney told us.
Is there any iss...
Looking to invest for the 1st time and interested in the BRRRR strategy but I dont want to be a full-time REI. So my question is how important is the last R in BRRRR? Is this type of strategy good for someone who onl...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $250,000
ABOUT OUR HOME:
Our home sits on a quiet cul-de-sac in Southlake - a smaller, upsc...
Hi all - wanted to reach out if anyone has had any experience of purchasing small multi families all cash with the intentions to cash out refi immediately after? What are some pros and cons of this strategy? I found a...
Hey all, my wife and I are looking to purchase our first investment homes and will be out of state. We are currently pending on our HELOC that we will be using to fund the down payment of which will be coming sometime...
Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...
I feel so ignorant, but can someone explain this process to me?Is applying sort of like a condensed version of a mortgage process (tax, income verification, etc?) and then do you get something saying you are pre-quali...