Hi BP,Looking for suggestions on how to purchase an investment property should this loan not close.Here is the situation.I am under contract on a condo in Chicago as an investment property.  Purchase price 78k.  Renta...

Has anybody ever had trouble getting financing on a property because of an ADU?I have a single family residence in Washington State that I have been in the process of refinancing for a few months, and the bank just em...

I went through the process of giving them my w2's my tax returns, my bank statements and my check stubs. I sent them over the numbers to the property and they worked. She sent it to the underwriter and then they tur...

Hi all, I just upgraded to PRO today! Taking my first step towards REI and flipping. After researching, I cannot find the exact answers I need to for my questions, hoping you all can help! I think I found my first hou...

Hey everyone!I'm looking to purchase a house out of state to use as a rental. I live in Illinois, and am looking to purchase one in Indiana.  The home will cost around 8-10K, and the rehab will cost another 10-20K. I ...

Well I know the basics of hard money lending, my question is, how does the investor receive the financing, does the lender cut a check and give it straight to the investor, or do they give it to the seller of the prop...

Hello all,I am fairly new to the BRRRR strategy, currently, I am trying to do a cash out refinance on a property so I can put down for another property. The lender I am working with can only lend 70% LTV, the appraisa...

Hello BP family!I was thinking of withdrawing as much as i'm allowed to if not all from my Fidelity 403b retirement fund to invest in my first property. Particularly a multifamily or a fixer upper.  I have a total of ...

LMAO,Seriously, I was wondering what it was all about, and then I read some shlt and realized my mom and one of my uncles were hard money lenders back in the day. Seems like they only did it on commercial properties.S...

I purchased a performing note and it looks like the borrower has not paid the property taxes in 2.5 years. How do i track this property before it hits the tax sales? Is that automatically tracked by the servicer ?