I have a bunch of deals lined up but plan on borrowing down payment capital from a private money lender. The mortgage itself would be a regular bank conventional loan. My question is, how do I structure this for the p...
I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...
Hi,I’m looking to buy my first short term rental and would love a bit of guidance. I truly appreciate anyone’s feedback!- Are there any loan programs or strategies that are better for STRs?- How do you evaluate an are...
Hi All,
Was hoping to tap the groups expertise on explaining/guiding me on financing options. I'm looking to by a 4-plex property outside Pittsburgh for about $220K, and am confused about lending options.
I'm 41 an...
I'm closing on my first investment property next week and am having 2nd thoughts about my strategy moving forward. I was planning to use this property as a rental but am considering flipping it instead. I took out a c...
My main strategy has been fix and flips and I've built up enough cash and relationships with private lenders that I want to start getting rentals added to my portfolio and investing strategy. With that said, refinanci...
Ive puchased 14 homes during the meltdown. Purchase and rehabs were all self financed, and they have all been producing steady rent, 92% collection since 2010. I've depleted most of my funds and wanted to explore op...
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...