I am seeking non-recourse bridge debt under a 1M and am finding that space quite a bit different than the 1-3M lending space. This is for a commercial office renovation project that will take 12 months to renovate an...
Hello BP community,
Two years ago, I started thinking maybe engineering consultant is not for me and how do I get out of the rat race ! That is when I started listening to podcasts and stumble on Bigger Pocket. And t...
Hello all.I joined a while back with great hopes and aspirations but never pulled the trigger. I never actually stopped researching and educating myself but never became fully committed. I have since matured and open...
Hi guys! I’m still under contract to buy a property, and the plan was to create a studio apartment in the back of the house while the current tenant rides out their lease. However, the underwriters won’t approve the l...
I only need 65% of the ARV can't use hard money since as you know I would need to put the house under an LLC and treat it as invesment.I want to purchase the house for myself and wasn't aware of this when I sent in th...
Hello we are in Texas and looking to buy out a land Development that the bank took back when the market took a S**t. back in 2009. Everything in the area is going like hot cakes. there is over 40 Million worth of ne...
Investment Info:
Small multi-family (2-4 units) private money loan investment.
Purchase price: $1,500,000
Cash invested: $1,200,000
This was a bridge loan at 80% LTV and 9% for an experienced investo...
Has anyone had any success from the HML list here on BP? I sent off some requests for information to start a possible bridge loan for a commercial multi family and haven’t heard back from any of them. They all close...
Investment Info:
Small multi-family (2-4 units) other investment.
Sale price: $120,000
Negotiated short sale
What made you interested in investing in this type of deal?
Homeowner called me d...
So for last week or so I have been talking with a homeowner who seems to have fallen on hard times due to COVID-19. He lost his job 2 months ago, and is moving out of state. He has a townhouse in Chantilly, VA. ARV of...