Travis Bill
20 yr old with subprime credit but a lot of cash wanting advice.
Hello all, I joined this site early this year wanting to buy a duplex and live in it and rent the other unit. I was going to school at the time. I decided after lurking this site for quite a while that I wanted to mak...
Connor McGinnis
Financing an apartment complex
I am looking to invest in the Metairie, LA market. It is a suburb just outside of New Orleans. Can someone provide some insight on how you structure your commercials loans? My parents who invest, say they never do dea...
Chris Marston
Do I Understand BRRRR?
Hi all! I'm new to REI and am trying to understand the BRRRR strategy. Can ya'll tell me if the hypothetical BRRRR deal makes sense. Thanks!Let's say I buy and rehab a property for $50,000 (all expenses included here,...
Grant Carrington
Rehab amount larger than purchase price
Wanting to know if anyone knows of any hard money lenders that will fund a deal in which the rehab will cost more than the purchase price. Let's say purchase price is 50k and rehab is 60k. Having a hard time finding...
Landon Allen
Tips For A Slow Market
Hey everyone! I'm looking for some tips on how to acquire a small multifamily (1-4 units) in a slow market to house hack. I just recently got approved for a loan and have been working with my agent for about a month a...
Anthony Johnson
I spent $1800 yesterday at my Attorneys, ask me a question!
So I am taking a small break from buying right now. I have closed on 14 homes and 5 refi's since Jan 2012 and I want to reevaluate, and check everything, I have a great business attorney who has been helping me with...
Julie Groth
Recourse v. nonrecourse-what's the cutoff amount?
I know on larger, commercial loans that non-recourse is commonplace. What about "smaller" commercial loans? I'm wanting to buy multi-family 10-40 units, probably $500,000-$1.5m.
Is there a general rule-of-thu...
Clifford Bennett
NNN Dollar General investments
My brother and I are trying to locate an investor who has or does own a dollar general location. We are selling our property and must do a 1031. We are interested in talking to someone who has experience in this parti...
Jeri Clark
Has anyone used Seed Capital?
Has anyone had, or know of anyone that has had, experience with funding from Seed Capital?
They promote that you can get a credit line up to $2MM at 0% for a year, but even with great credit I was only pre-approved f...
Ty Downing
50,000 line of credit
Starting a small business and the bank is willing to loan up to a $50,000 dollar line of credit with possibly a $50,000 dollar credit card. Interest rate on the line of credit is 1% plus prime and 5% plus prime for th...