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Hey...would guys know of any "Combo Loans" offered by any lenders in the Atlanta area????...Thanks
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If I get a 50k loan from a private money lender to purchase a property and then a friend loans me 5k for the down payment to the private money lender is that doing too much borrowing?? If not, what is a good interest ...
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Hello,
This is my very first post. After months of searching and learning, I have finally come across a great multi-family rental unit deal. I am in the process of completing my commercial loan paperwork, and my que...
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Hello BP,I am a few days away from finally starting my real estate portfolio with my first deal. I used an FHA backed loan and put down 3.5 percent. The property is a duplex and should produce more than $500/month in ...
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When investing out of state, can you use a loan from your local bank or do you need to use a loan from the area you plan to invest in? Thanks for the help!
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Question is this:Lets say that a homeowner bought his house in 1990 for $200,000 and he kept paying on it until his principal was cut in half, right at $100,000 by January 2015. Since then, the homeowner couldn't affo...
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Hello everyone! My name is Josh, I am 29 years old, an air force veteran, and current defense contractor. I will soon be relocating from North Carolina to the Chattanooga area in Tennessee. After many years of sittin...
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Looking to use the equity in our 7 unit to build our portfolio. We own it free and clear. It’s located near Bangor Maine. I believe it’s worth between 250-300K. Looking to get between 150-200K. Would it be bett...
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Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $92,000
Sale price: $230,000
Found this deal through a wholesaler. Ended up purchasing f...