Noah Lomax
Title Company Requirments in Chicago for a Selling a Flip
Hey BP'ers,My partner and I are selling our first Flip in Chicago. We used a Fix/Flip loan to finance. The requirements to do so included in-person inspections before each draw, and a lien release after the final draw...
Joshua Hill
setting up the busness
What is the best way to set up your properties? An LLC or Land Trust and what is the best way to get this set up? Also, how do you go about getting a loan for you next property? Do you apply with your own personal c...
David Tran
Hero program is a scam and fraud
We signed up with the HERO program through a contractor called Elite Home Energy. My wife and I wanted to them to install insulation in our home and believe it would add value to our house. We asked the sale agent tha...
Jared Sandler
Steps for using a HML
Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
Thao Kieu
Anyone use Sierra pacific mortgage?
Hi everyone, I am purchasing a house in Totowa NJ and having such a hard time with Wells Fargo with a ton of question regard every penny in my account, the house I wanted to purchase is in contract and I am thinking ...
Jeramie Cabanban
hard money lender vs bussiness credit card?
anybody have any advice about hard money vs business credit card?
Brian Elston
Loan Approval question for House Hack in Vegas.
How much money from a loan can i reasonably expect to acquire for House Hacks/ in Las Vegas? My experian credit is Fair but still slight below 600 ( won't apply till i'm atleast 620 for less interest etc) however it's...
Mollie Hess
Hard Money Direct Deposit
Hi everyone. I've been in contact with a hard money lender and their information says that they direct deposit the loan amount into my account. I hadn't heard this before and wanted to know if this is common practice ...
Jonathan David
A word to would-be flippers
If you don't have a mentor, and don't know what you are doing, this is not an easy proposition. I am closing next week on my fifth flip, and after four months of sweat equity, and about 500 hrs of work between my par...
Noah Swope
Starting a Private Money loaning business.
Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...