Hello everyone, where should I begin my journey to find private lenders? Is it best to have a deal already drawn up and negotiated first then present that to a lender or visa versa? What are good ways to build relatio...
Trying to work a deal with 2 partners as a JV. We have a builder, and want to see if financing a construction load as a JV is even possible. I was already told by 1 lender that no one in the area with lend any money...
Recently I was unable to purchase a house ( for rental ) in the Dallas/Fort Worth area of Texas. Price was $85,000. I went through a couple mortgage brokers and a regional bank in California were I reside.
Debt to inc...
Why caused the 08 crash. I’ve heard everyone from Bill Clinton to bush to the heads of the banks?
Hello BP!Can anyone help me understand if my math/though process is correct:
I bought a rental property for $100,000 in 2018, with $25,000 down.
I got some comps from my PM recently and they are saying it can sell f...
Canada's been in trouble it seems with Buffett buying out their distressed mortgage holder, Home Capital Group. https://www.nytimes.com/2017/06/22/business/dealbo...But now there's some cracks that look like the count...
What are some of the things that separate good lenders from great lenders?
Hi all, First time poster, long time reader. I'm interested in purchasing a second rental property, and looking for input/advice on how to finance it. Here's my situation...I currently own a single family rental prope...
BPers!Found a off market deal we'd like to pursue in Pittsburgh PA. It is a portfolio of properties (all are cash flowing well) for $630k. We have not done a deal of this size and even though we've found a creative wa...
Hi BP
I have found some homes that have everything going for them but their condition is rough.
Hypothetical scenario:
ex. in an area that 4 bed room are RARE.
a home pops up at right price if GOOD condition ( 2...