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I want to hear the story of some of your creative real estate purchases and I'll share one of my own. I hope it inspires newbies to get creative and not be held back by the cash on hand in their bank account.1) Found...
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The Federal Reserve has provided AIG $160 Billion dollars. Is it possible that the government fears that dirty secrets would come out if the insurance giant goes under. I have a couple of questions
1. How has the bai...
My question is what qualifies a house for the homepath financing? Some of the houses that need more rehab don't qualify because they involve too much work I understand that.
Some other questions are how does the reha...
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Hi- I just received my first commercial term sheet. I'm looking at a commercial property (small mill building for my architecture office) with an asking price of $135k, needing about $100k in rehab. I am used to resid...
What strategy do you prefer to use to tap into your homes equity to use towards a purchase on an investment property? And why?
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Hello all...newbie here and thanks for having me!I am meeting with my realtor and a contractor on a foreclosure. The realtor isn’t excited about this property (foreclosures and fixer uppers in general) but she’s bein...
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Hi, I'm a new investor and trying to get my first deal done. I am trying to put together all the pieces so I can move forward on that first deal. I'm in CT and I don't want to end up with a lender who is difficult to ...
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Hey everyone,I am a part of a REI company (series LLC), and we are considering using a local bank or credit union to house our funds and potentially use for financing for deals. We are primarily wanting to start with ...
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Should I refinance my home to purchase multi-family property?
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Howdy BP friends! For those that play in the short term rental space, have any of you utilized the 10% down mortgage for your property? If so, what bank did you use? Wondering if there are any particular banks that ex...