Hey guys, I’m new to the investing side of Real Estate, I haven’t done a deal yet, and I’m eager to learn as much as possible. One question that I haven’t been able to figure out is when you borrow money for a flip, h...
Hi everyone,This is a fairly general question, as I am a new investor: I would really love to hear your experiences getting your first commercial loan. I am interested in buying a MF property of >4 units, but I h...
Good Day BP, I need a second opinion. Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...
If you qualify for a conventional loan that requires you to live in the property for a year, how would they find out if you do not go by the guidelines and rent it out?
Hi,I have been speaking with a quite a few HML's to get an idea of how much it costs to borrow money. I am working on getting my first fix and flip out of the way (the toughest one, apparently). With that being said...
Hey guys, Thanks for stopping by my question. I am curious to know if I can use my land to borrow money. I have a land which is worth $1.9 million. I want to develop a five story condominium in Brooklyn, New York. Can...
As a holder of paper in over 30 states, I was curious if others have seen borrowers who were delinquent apply for any assistanceI have had about 1/2 dozen borrowers in pennsylvania request it and have attempted to get...
My wife and I are selling one property to purchase another. We were doing a bridge loan to secure the property prior to selling our current property. Now we are being told that the funds from the bridge loan will not ...
If you own a vacant land via tax deed, is it possible to borrow against the property? If so, how does one go about doing that?
Good afternoon,My business partner and I have an LLC that plans to borrow money from a friend to rehab a house and return it upon closing. We have a contract. Do we need to get or file any paperwork with fed or state...