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Does anyone have some detailed information on issuing Notes to help with the initial down payment on a property? So far, what I've read is that you negotiate the Note terms and provide the Note buyer some security by ...
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I have been informed by my loan officer that we no longer have the option to cash out refinance our rehabbed properties at the typical 6-month seasoning. It has changed to 1 year. I am looking at other options to ge...
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Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...
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I’ve started to build ground-up multi-units for myself and its been a painfully long to get to completion with all these new requirements. So I started looking for other options if I want to keep doing this. A new f...
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Remove or move if this is the wrong topic, but I have a question for the "gator"/EMD lenders. Pace Morby has a chart that he shared in a video, I think by accident actually, that showed his flat rate fee for EMD lend...
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Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...
Brief Background. I live in Texas. I'm an engineer by profession. I've owned 4 rental properties at one point in time. I've since consolidated down to one rental property that I currently own. My plan/aspiration is to...
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Hello, This will be my first post to BP while lurking for the past day straight reading as much as i could on possible relatable threads but have come up empty handed.Here is my current situation:I am a 23 yr old stud...
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Hello all,Hoping for some honest advice here. Very glad to have learned of this group. I have just started my education in REI (~ 3 months) and am eager to do a deal. I am, however, feeling overwhelmed by the many wid...
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Hey BP Fam,I'm a local investor in the Houston, TX area. Wholesaling is my usual strategy, however, I've been learning how to do Lease Purchase deals. Come to find out.. Texas is "One of the strictest" states to do Le...