Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
Tommy Ray
Contrarian Investment play
Investment Info:
Large multi-family (5+ units) buy & hold investment in Clarksville.
Purchase price: $330,000
Cash invested: $1
Sale price: $550,000
This was a zero down deal. I did pledge a...
CJ M.
EIDL-Terms & Conditions. Where and what are they?
Hey BP,Did some searching to no avail. Where can I find the full terms and conditions of the EIDL? (url please) I was just approved for more than $25K and would like to better understand the collateral piece. I only h...
Matt Liu
Recourse loan when poor to begin with
I am thinking about a big commercial purchase, however the loan will almost certainly be RECOURSE. My question is does it even really matter if I don't have very much in assets anyway? What I do have is in multimem...
Indrani Peyton
Anyone heard of this funding company?
I am a newbie. I was invited to a zoom with this funding company called "Legacy Leavers", who has a 1st time investor program. This program offers funding up to 400K with a 660 Fico, and at least 27K in yearly W-2 i...
Matthew Taylor
Land financing options
I am looking at a piece of property that is 50 acres. It has some timber value as well as 10 or so tillable acres.
This would be a long term investment with the benefits of recreational use and likelihood of homesite...
Kynell Martin
How would a private or hard money loan look on paper
I have found a lender. But I am trying to do my due diligence on them. They asked me to fill out a application. I got an approval letter in my email with terms. They requested copy of my Id also. How does this sound ...
Ryan Carson
Using equity on my house to buy the first rental property
Is there a way to pull out equity and use it for a rental property without using my house as collateral? I have well over 20% in equity
Chris Walters
Unable to Obtain Business Credit Card
Good day, I recently opened a business bank account and mention to the banker that I would like to obtain a business credit card in order to avoid using my personal credit card for online business expenses. The agent ...
Jake Silcott
Private money mechanics/structure for fix-n-flip?
Hi everyone!
I have a couple of questions about how to best structure a privately financed fix-n-flip deal and how the mechanics of the deal should work. I am just getting started in real estate investin...