Drew DeSousa
First Rental House, First Step In Financing
Happy Thanksgiving BP Forums!My wife and I have been researching into real estate investing the past year or so and are ready to pull the trigger and buy our first investment!We are looking at a buy and hold duplex or...
Trent Rogers
Current Private Money Terms?
Good Morning BP! I've never used private money to purchase a property however I may have inadvertently found a pm lender. With institutional rates on the rise over the past year I'm curious what rates/terms most priva...
Ondrej Brown
Refinance a House in this situation ?
Thinking about using HML to purchase this property with tenants inside already. But I want to refinance or use HELCO as soon as possible to get out & pay off that hard money lender without quite doing the rehab o...
K S.
Separate loan for home build and ADU?
Basically, I'm building a triplex and two ADUs on the same lot at the same time under the same architect and construction crew but I wanted to get a separate construction loan for the ADUs. The advantage is that I can...
Jeremy Bartlett
Mixing Airbnb/Long term rentals in the same building?
I need a quick sounding board... a 5Plex just came across my desk and it seems to have potential, but there are a couple variables in there I haven't dealt with before that could make or break the deal...Specs:Purchas...
Steven Horvath
Refinancing from private to conventional based on property's income
i think i can get a true private lender at 8-10 %, IO 2-3yr contract. i want to get the house to rent for cashflow. if i can capture 35 % equity and a positive cashflow, are there any actualy lenders that will look at...
Charlotte Wilson
FHA MIP loan
I am interested in getting an FHA loan for my first real estate investment property but do not want to MIP loan term. Is this a type of loan I can refinance down the line to remove the MIP? If so, is there a timeline ...
Mary Jay
Hard money lenders review
Hey guys, could you please help out and tell me what hard money lenders you used and who you liked/or did not like?For instance, here are few that Ive been recommended. But before I use them I would like to see if som...
Sinaloa Hobson
hard money lenders
do they usually charge a application fee?Do they all run a credit check?
Joseph Garner
Lender says partner has to be on the loan
I am going in on a four plex in Texas, and I am having a partner in with me to make the up front cost more manageable for me. However my lender says that he has to be on the loan with me. Now I am getting charge .8% m...