Jared Sandler
Steps for using a HML
Get asked about this a lot so figured I'd share. Every HML will work somewhat differently 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 ...
Dylan Anderson
Qualifying
New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to
qualify based on income not o...
James Sheridan
Refi low price properties
Hello,Over the last 8 months I have purchased, rehabbed, and rented out 3 properties in Topeka. I own them all free and clear, but I am Now out of cash & would like to pull cash out of them to repeat the process. ...
Jazzie Brown
FHA 203k Loan
I am looking at a property that is 4,000.00 and is in need of extensive work. I was looking at different loan packages I could use to purchase and renovate the home. One loan that stood out to me is the FHA 203k loan....
Jacob Simerly
New Investor with Questions about Partnerships
Hello all,
I have yet to invest in anything but plan in doing so before the year is up. I plan partnering with my best friend so we can raise more capital and have a better shot at getting loans. We also have entirel...
Account Closed
Private Lender vs Hard Money Lender
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
Timothy Gerdes
Options when lender won't allow deed to LLC
A few months ago I purchased a building with 4 townhouses in it in Texas. I created an LLC. I asked to use the LLC name for the title, but they told me to do it after closing. The loan was sold to another company. ...
Robert Gambill
Attorney for Subject To deal
Howdy folks,Cannot believe I haven't been utilizing Bigger Pockets for so many years. I was binge listening to the earliest podcasts near the beginning. Anyhow, I need help. I am really wanting to do a Subject to d...
Christopher Roy
Private Lending Question - Small loan amount
Hey guys, first off I want to thank everyone for all of their help. I am looking to move forward on my first buy and hold property because of all the things I have learned from this website. I have convinced a sell...
Joe Camarillo
Partnerships
Hi All, I have been doing much research between a partner and I, and have a pretty good plan of what we want to achieve with our RE goals. He brings just as much to the table as I do in regards to money, experience, a...