So, I was getting really favorable loans from a local bank. They would finance purchase price on a BRRRR, repair costs, and if I did my figures right closing costs too and I would rarely be out of pocket. Now they've ...
Some of my rentals loans have about 20 percent of the debt paid off. Given that we may be going into turbulent economic and times, and I work in an industry going through a downturn I figure now is a good time to imp...
I want to open a new account with a REI-friendly bank in Chattanooga, TN.
1. What questions should be asked when exploring bank options? 2. Do any Chattanooga investors on BP have bank recommendations?
Has anyone had luck with doing a refi on BRRRR recently? Looking for asset based lending for refi on a rental house I just rehabbed and rented. I was supposed to close on a refi last week (had rates locked in) but tod...
Hi all,I will be moving to North Carolina in August and plan to rent a place and then put it on Airbnb to make some money. However, I'm not sure what cities in North Carolina are good for airbnb. I'm familiar with A...
BP Members,
Please indicate which metropolitan areas you feel are top candidates for turnkey investors? These should be markets where monthly ROI potential is high and unemployment is low.
I've heard Kansas City, M...
Hey everyone! I am looking to put in my first offer and am wondering how everyone did it with Hard Money loans when they have not flipped before. Most I spoken to need a property analysis before issuing and pre appr...
I hear all the time that an easy way to slowly build your portfolio is to buy a new primary residence property every year with a low down payment, live in it for a year and then rent it out. However, I see multiple h...
My bus. partner and I are working on a restart of our rei business. Any advice appreciated. Btw, we know the mistakes we made, so no comments needed there... :)
> SCENARIO:
1. We built mostly SFHs from 00-07 ...
I am new to investing properties, but have extensive background in New Construction and remodels. Would love to learn more about flipping and Hard money loans.