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Good Morning AllI have a 3/2 SFH that I want to Buy and Hold. Property is going for $80k. I have had 2 contractors give me estimates for roughly $35k. ARV is $156k. The idea I had in mind was either get a HML or a Pri...
I am retired and own a home in northern Idaho and another condo in Hawaii. Both a free and clear. I used to rent the Hawaii property full time now I split my time between both. I rent Hawaii when I am not there. I...
Greetings all,
I'm doing my first private money deal and need some advice.
I've located an investor who is willing to do a generic promissory note so I can purchase an investment property.
However, b/c the propert...
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Hello,I'm looking at investment properties in Gaithersburg, MD. I'm conflicted about two properties. One property is walking distance (15min.) to metro station and shopping center but has average schools (Elementary r...
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So I put a post on craigslist to find some seller financed homes. I got one offer for a mobile home which i was not interested in and another person asking me if i was looking for people to invest in a property with m...
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Hi all - I have a private lender that told me to write out a proposal for her to be my bank on my first investment. I have a question for BP. I would like to use the private money to purchase the property and fund p...
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Hi, I’m a new investor in North Carolina. I bought my first property in December with a 20% down conventional mortgage. Its cash flowing wonderfully and I’m eager to get the next deal done. While I’m thankful for my f...
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Hello,It seems that the cost of borrowing money is going up. There are points on mortgages for investment properties (one bank quoted 4 points today) + appraisals + loan origination fees+minimum 20-25% down payment.I...
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Let’s say you’re a passive real estate investor. You do a cash out refi on your home and now you’ve unlocked 300-400k to park in an investment property, or multiple deals. Curious to hear best advice from investors wh...
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How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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