Dabvis Le Sutton
Financing first deal
Good Morning BP,I just got pre approved for financing my first rental at 70k. Originally the down payment required from lender was 5% but now they require 20% which take it from 3500 to 14k. If I put 14k my reserves w...
Mike Johns
Refinancing VA loan to conventional loan?
Just curious about what everyone's opinion is about refinancing a va loan to a traditional loan for the purpose of using the va loan on another property and living there, kind of similar to the idea of house hacking w...
Tyler Carraway
What are some requirements that private lenders have?
What requirements do private lenders or even hard money lenders have when applying for a loan? What credit score is necessary do I need to achieve when applying for a loan? What papers or documents will I have to prov...
Andy M
Apartment complex loans, ~1mm - 2mm
Hi,
I'm going to be purchasing a apartment complex (or a few, depending on how much I have to put down) in the near future. I have a personal credit score of 750, an income of ~110k, and 200k in liquid assets.
I'm ...
Brett C.
Flip Loans / Hard Money Loans / Private Financing
I am curious to what you folks think would be your ideal financing to help you leverage a deal.For instance55k House 100k ARV70% LTV on ARV15k in Cash RemainingPlus Money for Repair EscrowWhat I am trying to structure...
Mohhamed Syed
Quick question about FHA financing
Does anybody know what is the lowest amount I can get FHA financing for? Will greatly appreciate all replies.
Travis Petty
Crazy Idea . . . Hard-money, Rehab, New Notes, No Money Down Ever
Hey BP peeps!New to this whole deal . . . have an idea/strategy, want to see if it holds water:Find a distressed/undervalued propertyCome in as a "cash" buyer, using Hard moneyGet the rehab work done with said hard mo...
Jack Townsend
One Brokerage BRRRR Loans
Does anyone have experience with the BRRRR loans? I am curious if anyone is using this product to build their portfolio. What is the time period required before refinancing? How do you determine the rehab budget with ...
Ray Agosto
BRRR
I found a great single family house in my town. I wanna buy it and use it as a rental so i can become a landlord. I wanna do the BRRR process as in Buying it , Rehabbing the little things , Rent it out locally , Refin...
Taylor Green
Lending money in second position?
Hi,
I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!