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After the interesting discussions going on here at BP, thought I would share a parallel discussion which is ongoing amongst my circle of friends:
During the housing bubble, we were watching. We have some knowledge of...
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I would like to start my REI through house hacking, but don’t have the down payment to qualify for a conventional loan, so I’m considering an FHA loan. While a lower down payment requirement would allow me to purchase...
Hi my name is Brian, this is my 2nd post. I am just starting out in the Philadelphia suburbs, specifically Delaware county. I have a new construction opportunity that I'm preparing for but first what to do with my cur...
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I have found a great way to ramp up my BRRRRs in Memphis, TNThe seller of the property is willing to finance the purchase, for me = $50,000. I am supplying the funds to renovate = $12,250. The subject property has bee...
Hi All, Came across an opportunity for a 7 unit property in the riverside area. Does anyone know of a lender that offers a 10% down payment option for this type of property?Thank you!
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Hello, my name is Richard. I'm 20 years old and am in need of some advice.
I have graduated from college this year and have been studying real estate investing for a while now and feel like I should jump into it. I a...
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In commercial, institutional players don't touch deals sub $20M due to the lack of scale and unfavorable financing (many banks, debt funds and lifeCos won't lend on small deals, or would offer bad terms and full recou...
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Hello All,This was my experience when doing a refinance. I purchased a duplex in OH a few years ago with cash. When I refinanced it the Bank wanted me to switch the title out of the LLC and into my personal name. I di...
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Hi I've got a 3-family I purchased for cash 9 months ago for 305k in the Boston area. I put about 80k into the rehab. I'm now trying to finance the property to take as much cash as possible out, but my mortgage broker...
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I'm 23 and graduated college last year and have thus far paid my student loans down to $163,000 (yikes), with an interest rate of 6.62%. Before taxes I will make ~$80,000 this year. I work in a very stable industry an...