Hi, I was wondering if it would be a good idea to use a small loan from an accredited lender for a down payment (on a 2-4 unit property here in Brooklyn NY) and hold on to my savings for reserves. Based on what I’m lo...
Greetings, I'm just curious to learn or hear perspectives on Homestead Declaration in Nevada. Is it necessary or standard for investors? Or something optional?
Investment Info:
Other other investment in Murfreesboro.
Purchase price: $295,000
Cash invested: $100,000
I purchased several tracts of land and put them together, got them rezoned with the intention...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jacksonville.
Purchase price: $178,000
Cash invested: $35,000
Quadraplex found through wholesaler.
What made you ...
Hello, I have an opportunity to purchase several propoerties for long term buy and hold, where I would Rent these properties out. Here is my dilemma: I can get the financing, however, do I get the down payment cash to...
Hello BP community,
I am rehabbing a house that needs more work then what I originally planned. This is putting above budget.
I took out a rehab loan to flip the house so I'm in a bind to raise needed funds to compl...
BP members I have a question looking for insight. I recently came across a great deal but the seller wants "cash only" purchase. I am a little short on price point, I was wondering if there are ANY options out there t...
Hello everyone,
I need some advice on how I should proceed. I would like to purchase a rental property but my debt to income ratio is too high for a loan. So I recently got a 15k (APR 18%) personal loan from my bank...
Investment Info:
Single-family residence fix & flip investment in Middletown.
Purchase price: $40,000
Cash invested: $30,000
In contract to sell for $195,000
What made you interested in ...
So originally I was planning to move and purchase in a 7/8+ month timeline but we recently found something exciting and will look to move forward, needing to close in a 2-month timeline instead.
Under the original...