Hello BP, I am looking for creative ways to purchase a second home for little to no money down in the same city and thought of this idea from the BRRRR Method. How feasible would this scenario be?:I find a house from ...
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Hello BP,I recently did a small amount of improvement (<$1000) on one side of a duplex that I am now living in. Projects included installing vinyl plank flooring in two rooms, refinishing kitchen cabinets, and inst...
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A friend and I have been researching real estate investing. We think we would like to start out with buying a duplex. We aren't yet sure where all the money will come from. Also are researching forming an llc. Does...
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Hi BP members,I have this refinancing part question.I buy the house with hard money loan with cash then rehab, rent and refinance with conventional to pay back my hard money lender. So, currently, hard money lenders o...
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I'm interested in lending both solo401K funds as well as personal funds to the same borrower. He's a flipper. He wants to record one deed for his personal residence as opposed to recording a different deed each time ...
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Is it better to use a simple interest business loan with a 48 - 74 month term to get started or use hard money to fund deal by deal? I am a newbie and working on my first investing deal. It just seems counterproductiv...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
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Hello, We are looking into creative financing for a new investment property that may take 18-24 months compared to hard money and extending. We were offed a deal with no money down but they want to put a lien on our...
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I understand a hard money lender may want to review my credit history and score before lending money. However will the loan be associated with my personal credit profile or will the loan be strictly based on the house...
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Greetings BP Pros! I have a question I hope someone here can help me with. I'm an active-duty military service member currently stationed overseas. I want to invest some funds that I've managed to save in real estate....