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Hey BP’ers! Does anyone know the “Seasoning” requirements in Wisconsin? Looking at, possibly paying cash for a house, and then getting a mortgage on the property. I figured I would ask on here since the ban...
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Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...
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I have a rental home that I now wish to sell. I renovated it after my tenants vacated and it is now totally updated. Unfortunately, it is priced a bit higher than the rest of the neighborhood and it has not sold yet...
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I'm going through the loan documents and noticed I'm paying for 3.376 discount points to get a rate of 5%. I have a FICO of 814, excellent credit history, and interest rates are low - why am I having to pay points to...
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Advice? I just accepted a request to book for today, then the guest said he used the wrong credit card to book. He will put the correct card in once the original gets denied. I told him about 1/2 hour ago to cancel h...
Hey BP, I'm going to be brief here. I'm planning on purchasing a primary residence in Cleveland, OH between $85,000-$100,000. I would then get a hard money loan, $10,000-$20,000, to rehab/update the home. Can I the...
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Hi. I was told that in order to do a cash out Refi, the property has to be occupied, is that true? If that's not true, can someone recommend a lender who can do this in Syracuse, NY. Thanks a bunch.
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I have been studying real estate investing for the last few years. I am at the point where I really want to start investing. Being a college student, I do not have what it takes to qualify for a traditional mortgage. ...
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$75,000 house with 6.5% interest, 5% down. Assuming I can get $750 a month rent, what can I expect to:
1) receive in profit each month?
2) receive in profit each month after it is paid off?
I would have a property ...
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i dont have the credit history for a loan from the bank.i think owner financing would be my only solution to purchasing a multi family .maybe private lenders?about how much money do i need for a down payment and to us...