are lease buy options worth it? i listened to a few podcasts on it and they seem to be easy to wholesale.
The idea is this:
Gather investors to build a down deposit amount, pay them a % interest rate for 5 years. Get a 5yr 30yr-amort mortgage and carry the mortgage until that 5 yr term is over.
The question is, can I re...
Hello! My name is Will DuPont and I am going into my senior year of college and am also a realtor. I've been interested in real estate investing for a while and listening to BPP has motivated me greatly. As a college ...
I am buying a house for $170k in Texas. The wholesaler put down $1k EMD. The HML says they can 100% bridge finance the purchase price because I'm buying it deep enough (280k ARV). I will pay closing costs. The wholesa...
What is the best way to start a relationship with a small local bank for my future investments? Currently with one of the big banks and I'm sure they won't be easy to deal with. Should I just open a checking and s...
When applying for a hard money loan is it typical for someone to ask for a small fee upfront? I received the below email after submitting an application to a hard money lender:
"There are no upfront fees, but there is...
Hello BP!So, here's the set up - I recently scored a new job and my ideal situation is to start shopping for investment (multifamily) homes in the next 6-8 months. Therefore, I will have only about 6-8 months of emplo...
I thought hard money lending would help me get started with my latest foreclosure purchase. However, I haven't been able to locate HML's that provide 100% of purchase price and 100% of rehab. Anyone have any advice...
Hey guys comments please....gave my lender a scenario and he came back with this, definitely going to talk with others as wellGood Morning Ryan, typically when we are valuing properties that a member has purchased and...
I'm looking for advice on a property that I own free and clear where I have a potential buyer that I'm negotiating with. We're trying to find terms that work for both of us and I think we're close. Let me give as ma...