Cameron Ellis
Newbie: Finding Financing
How's it going BP?
Im having trouble finding anyone that will finance me, I'm a 19yr old college student, fair credit 650+, 3yrs on my current job, never missed a payment on any of my credit lines, paid my first v...
Donald Torrence
Funding for mobile homes and portfolio
Hey BP,
I have a question. Is there any lender that would fund a deal with the seller holding a second for 25% on an MHP purchase or a portfolio of houses making the deal 100% finance? I am in Indiana where the prope...
Orlundo Hubbard
What's Holding Private Money Back From Deploying Capital?
Why is it so hard to raise capital these days? I have been talking to investors and discussing my interest in raising capital and I get the same response "Capital is tight", "no one's lending right now", and "Why woul...
Callum K.
Large-scale Apartment Investment
Hi,
I have been approached to invest with several large apartment complexes in large cities throughout the U.S. From what I understand, the process is that you invest into a holding company such as a REIT (not throug...
Michael Temple
Capital Reserves vs. Inflation
Thinking about the best places to store capital reserves now that savings rates are at or near 0%. We all know it is a good idea to have plenty of reserves, but where are some ideas of places to keep them. I would say...
Kyle Madero
First possible wholesale deal. Need help.
The other day when driving around, I came across a distressed property. It looks as though the owners still live there but the place definitely is falling apart. I have yet to write a letter to send to them, but IF th...
Daniel Dietz
Using Partner to Qualify for Loans/DTI?
Hello,So far, we (3 way partnership/LLC) have bought all of our properties using cash from our SDIRAs, or commercial blanket loans with 20% down, and a few non recourse loans using SOLO401Ks. These are all for long...
Nick Capriotti
Help with creative financing
Hello everyone, So im 19, with no tax returns to state my income, credit karm tells me my credit score is 673. Im looking for way to finance my first properties in order to build my bankroll to use conventional f...
Alex Carestia
Down payment numbers
Is it ever a good idea to put less than 20% down if you have excellent credit and just enough funds to do so? I know mortgage payments would be a bit higher and MIP would be added, but if I put 10% down and invested t...
Desilva Pllus
can I behold from appraisal contingencies due appraiser goof up
we started negotiating 5k more than listing price (LP) and with number swinging agreed to buy the house with 30k more than listing price. We went in contract with 10 days of appraisal contingency. First two days wer...