Hello everyone,I'm interested in getting a fixed rate HELOC, but am first curious what kind of interest rates people are getting?I'm finding approximately Prime + 1%, so as of now, 5.25%. What interest rates are you g...
In addition to using bank loans and hard money, we've also approached people for private investments. So for example offered 10% after 12 months if someone puts in $5,000. This has been pretty straight forward so fa...
Hello BP community! My partner and I are trying to formulate a plan of attack! It seems like a lot of people start out wholesaling then flipping, then buy and hold. We are thinking of doing things in the complete reve...
So I am looking to complete my first deal and am in the search for a SFH. This would be the first house that I am purchasing and since I will not be living in it I will be unable to take advantage of an FHA loan. Ho...
Would anyone have information on where to find a funding source for note purchases? I have inventory to buy but I can't fund every purchase with my own money. Does anyone have sources that fund note purchases? Please ...
Hi all. I have a property under contract and am using hard money. I will be spending about 10k in repairs for what looks like a great cash flowing property. Instead of using my own capital I began looking for a privat...
Doing some note research online tonight and I found a couple decent buys. Cheap 2nd, good equity, taxes paid BUT on two occasions the notes I found were originated around 2006 and the house has sold recently (2015ish...
This is the deal that has been explained to me let me know if you know anything about this type of deal example Client purchases one promissory note each month at $1000 each for 12 months at the end of 12 months clien...
I am approaching a multi unit that has been approved for chapter 11. Is the current owner allowed to accept an offer lower than the total debts?Simplified example:10 unit property with $1mil in debt. $800K is from a s...
Hi everyone! :)For the past couple of months I've been educating my self on REI. My uncle owns a multi-family in Brooklyn and several homes he rents. I always wanted to someday own a building and get a passive income ...