When borrowing money to help fund a deal what are the best strategies for paying lender back? Using cash flow from property? Refinancing after a few years? Any advice is greatly appreciated. Thanks
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
I own 1 rental property for a number of years and it has equity at this point. Ive been told from a few banks i cannot borrow against a rental property and they no longer provide these financial products. Does anyon...
So, upon buying my first rental property could someone explain to me how these (investment company's) work? I see that there is an (investors) tab on BP website dropdown menu, but not quite sure how they could help so...
-NYC-I bought a property for $525k, I still owe 50% on it. Its currently 2 units and sits on a double lot that can be made into 2 three-family houses (6 units total), which will rent out for total of $16.5k a month. I...
Is there a app/calculation for fix and hold deals that calculates based on borrowing the rehab cost?
Could someone explain to me the ramifications of getting/giving a loan in the name of the LLC vs. as an individual/couple. Both from the standpoint of the borrower and the lender. TIA
Hi BP! I called several hard money lenders a few months ago and they all said they would lend 80% LTV but that their LTV is based on purchase price. Listening to BP podcasts and reading Brandon Turner’s book on invest...
For those of you that deal with property values of $100,000 or less and have good credit, this can be a really good deal.
Recently, I spoke to an investor out of Texas that financed 100% flip with 0% APR credit card...
I'd like to propose a simple question. If you have the ability to source investment capital regularly at a realistic interest rate, let's say 7% APR. Is it wiser to borrow the money rather than 'earn' the money trad...