Dan Bosak
South Jersey / Philly Portfolio Lender that Allows seller 2nd
Does anyone know of a lender in the South Jersey / Philly markets that will do a 1st position loan at 70-75% and allow a seller to carry back the balance as a 2nd position lien? I am looking specifically for Camden, ...
Guillermo Vladimir Robles
Searching for Deals on Halloween 2022
I found a deal listed for $350k house zoned as a LAR2 in decent shape with an estimated ARV of $524k I don't think there is enough room for profit for a wholesale opportunity because it's priced at only 67% ARV and I ...
Lester De Altonaga
while on disability/workers comp, using 401k for real-estate
I'm currently on workers comp/disability since Jan 2019, and not sure at this point when I'm returning to work - Been with my company for 18 years, and was planning on returning - I've been able to stay afloat but fu...
Kurt Bouma
Commercial Lender 75% LTV
If a multi family property is apprised at $700K and you're able to come to terms with the seller at a purchase price of $525K (75% of appraised value) would a typical commercial lender finance the entire deal if their...
Gerald Alphin
All cash purchase. How does rehab loan numbers work?
Hello BP this will be my First solo fix and flip. My newbie question is below.Here are the numbers...73,500 = Purchase house Cash 70,000 = Rehab230,000 = ARV I've been speaking with hard money lenders and t...
Greg Christensen
Newbie: I've been told it can't be done, but I'm going to do it anyway.....
I currently live outside the US, but am determined to start building my real estate portfolio while abroad. I have purchased two properties in AZ site unseen via a good broker and property manager but not hitting any...
Matt Powell
Talked to my first portfolio lender - bullet points and questions
Hi all,Had my first conversation with a portfolio lender, and thought I'd share how the conversation went and what their products look like. I'll hit the high notes of the conversation, then afterward I have a few que...
Alberto De jesus
How To Make Myself Attactive To Hard Money Lenders
How do I make myself attractive to hard money lenders if this is your first real estate flip, rehab, or long term property?What exactly do new real estate investors show hard money lenders to get a loan? I haven't tri...
Toyin Dawodu
Hard Money Lenders-Are they for real?
I get at least one call a day from the new "hard money lenders" These are semi institutional lenders pretending to be hard money lenders. When I ask for their requirements, it always sounds like I am talking to Bank...
Eric Smith
SELLING TO TENANTS
Hi everybody! I have some tenants that want to buy the house they are renting. I bought the house with a line of credit and recently financed the house for the full amount of $37000 after making repairs at 5.5% making...