Mitchell Mahnken
Hard-Money Lender explanation?
Can anyone explain to me the concept of using a hard money lender on an investment property? If someone wanted to purchase a condo in a beach town and had X amount of dollars to put down but that amount was not enough...
Blake Donald
Calling all investors (Newbie Questions when first starting out)
After much research I recently purchased my first home as a primary residence.FYI (Purchase Price - $132,500 Renovations - $ 34,000Appraised at $190,000 before renovationsI think I did a decent deal for my first time ...
Lee Scarlett
HARD MONEY QUESTION
@John Thedford, is it common for HM lenders to finance the purchase of a property but not finance the rehab?
Aaron Barrett
Will banks allow a full owner carried 2nd for no down payment?
There is a commercial property for sale in my area that the owner stated he would be willing to do a second mortgage on. He is asking $255k. If he is willing to do the full 20% so I don’t have to put any money down wi...
Dustin Verley
Anyone Ever Used OPM for Turn Key Rental?
Hopefully, this is the optimal forum for this as I had a slight disagreement with myself whether this forum would yield the better response. :)In my local area, it seems that there are quite a few locations that I've ...
John Rusler
New Contractor in Sequim, WA
Hello everyone,New member introduction here. I am a Licensed and Bonded General Contractor in the Sequim (SKWIM), WA area, located in the North Olympic Peninsula. I have experience with many facets of residential co...
Dave H.
Homevestors - Joshua Hively
Hi all,I’ve just been speaking to a guy @Joshua Hively from HomeVestors about working together on a JV or similar. Joshua sounds like he knows what he’s talking about and has skin in the game.For thoroughness I’d like...
Johnnie Bembry
Seeking Input on my BRRR Plan
Hello BiggerPockets Family,I'm putting together my plan to BRRR a property. Can you look at my plan below and provide input? My biggest question is whether I'm legally allowed to fund the rehab with a business credit ...
David McCready
5 plex with a 25% carry back and 75% Commercial loan
Hey all,
I am currently negotiating on a 5 plex and the owner is willing to carry back 25% of the purchase price as my down payment so I can remain liquid. The 25% would be amortized over 20 years with a 4 year ball...
Bianca Harrison
Investor funding
In need of an investor who would be willing to partner with me 50/50 to fund my flips. In need of funding/down payment. I'm willing to put down what I have but to start I am in need of an investor where I would do all...