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An investor who intends to buy, fix up and then sell or rent a distressed property would consider a private money loan. Conventional banks and credit unions tend to shy away from lending on distressed properties, so a...
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Correction: FDIC
http://www.fdic.gov/bank/individual/failed/silverstate.html
On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial I...
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Help?! Looking at a property in a tourist/STR destination. The property has an old but in decent condition Single Wide Manufactured home (does need some updating) with land included (not a mobile home park). I hoped t...
I am completely new at real estate investing. One of my biggest questions is financing. What is the best way for a newbie like me to get financing for short-term deals (like rehab flips, wholesale flips) as well as ...
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So I am closing on my first 100% seller financed deal tomorrow and would like to understand how to handle the payments, especially for tracking purposes come tax time. Obviously I can send them a check every month but...
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Hello BP team,
I’m going to utilize a HELOC from my personal residence to fund investment properties. Can someone please provide advice as to where I should start my search for an institution to provide my HELOC? I...
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Hello all.So here is the deal. I have a 1600sqft SFH in Duval county FL. Purchase price was $16k. Realtor is giving me estimate of around $70k-$80k, after researching my own comps I feel more confident going with a...
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Hello,Does anyone know of a specific bank or financial institution that offers quick and flexible refinancing options? I am just starting an investment company with some partners in which we plan to use the BRRRR Mode...
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I've been reading about creative financing options like "rent to own", and "subject to" and could see that there are a lot benefits in using those strategies. My concern is the the "due on sale" clause being executed...
Can anyone recommend a lender for poor credit in Texas?
DTI will be solid, but the FICO is 615. Would love to avoid FHA.