Hi all, I am gearing up to purchase a preforeclosure or foreclosure with hard money, and then refinance into a 203K. The main issue is that the four unit properties I'm looking at need a lot of work - probably $200K-$...
Hi everyone,I'm new to the community. I have a secure, flexible job with a stable paycheck. The current loans I have are a car loan and student loans. I currently rent and don't have a mortgage.I don't have enough cap...
Dear members, I am new to real estate investing and am now gearing up to do my first purchase. I would like to ask if it is possible to make a profit while applying BRRRR strategy if using the traditional mortgage for...
Hello all,I’m new here to BP. I’ve been reading and learning so much from the time that I discovered BP, so thank you all for for giving me confidences to pursue financial freedom. I’m geared to get going on house hac...
I'm getting closer to the point where I want to market my investments to obtain 100% outside capital. My business plan is to get financing on the asset, so my questions are geared toward using investor capital for the...
Hi, All.I am thankful to have found and become a part of BP community! As I am gearing up to score a deal on the first investment property, I would like to find out the Pros and Cons of Freddie Mac Renovation Loan. I'...
Hey folks! I am a newer investor (2 hands on renovations, 1 rental) based out of Richmond, VA. I have been looking to build my portfolio in Richmond but it has gotten too hot lately. I was looking at Detroit (green ac...
Good day BP!
I'm am starting to build my work team and wanted to see what success folks have had with establishing credibility with a lender. I have capital to back up my investment but know that is not enough. Since...
I just started investing about 6 months ago and picked up my first rental typical 20% down conventional mortgage. To those who have been doing this a while is there any big advantage to just go commercial early on if ...
Right around Thanksgiving we bought a deal from a local wholesaler in a key area where we buy property in many cases sight unseen! Before we finished rehabbing that deal I sent out 200 postcards to the addresses withi...