Doug Coup
Fix n flip loans rates, points
Made offer. Trying to get pre apprival letter and finance fix n flip so i dont have to use heloc. And cash reserves.3br 1 bath with multi pin lots. Will subdivide later.150k. 40k reno. Arv comps should ve 225 to 245k...
Shaniqua Dupree
Possible Foreclosure Strategy... Curious To Know
Hello All,So ive been thinking about foreclosure homes and how to get people out of the situation by creating a win win situation. So I have a possible strategy but I want to know if it sounds ok.Example Scenario:I ha...
Justin Michael Johnson
Got the ball rolling, missing anything?
Focusing on SFH flip. Considering building multiple teams across the US in markets we want to be in at the same time. I don't know if I'm getting ahead of myself or if that's indeed the correct move to be making. We'r...
Andrew David
Cash Out Refinancing On a 4-Unit Property
When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
Jeff Wilson
4 Questions about seller financing
1. Can I buy a house with seller financing and have it so that the seller doesn't get any lien on the house? Would I be able to find sellers willing to do that?
2. Can I buy a house with seller...
Vlad Kuzin
Where to get blueprints?
I have a friend who is thinking to build a house and own a land in Seattle already. Currently he is looking for funding and banks are requesting blueprints of the house. He doesn't want to spend too much money upf...
Nicholas D Greiner
How Can I Buy This Property?!
Hello,Quick summary: My wife an online consulting/marketing business (LLC) that grosses 200k+/yr with very little overhead. This business is not real estate related in any way and the business owns no real estate. I c...
Michael Randle
Hard money lending question.
Hello BP,
I want to run a scenario by everyone too see if I grasping the fundamentals of Hard Money Lending.
My understanding is that HML can be ~70% LTV and can be used for improvements and repairs.
Let's say I ...
Francesco G.
Multifamily Deal Financing
Thinking about putting an offer on a multifamily deal without using my own cash. Would hold and rent the property. What are some of the financing options I could utilize or is putting 25% down and getting a traditio...
Brett C.
Help with Seller Financing
Hey BP. My question is where and how do you SET UP seller financing? If you have a handshake and are aligned with a seller on the amortization, rate etc.... THEN WHAT??!!What company do I go to to set up the lone an...