Linda Zhou
Is it too risky to cash out from my primary residence to invest
HiMy primary house is now worth 1.1 million. I have $225,000 loan left. I am thinking of doing refi to cash out the equity. I talked to my loan agent, I can cash out 825,000. After pay down the previous loan, I will h...
Account Closed
Renter setting up LLC at private contractor?
BP-I am currently house hacking my first property (renting by the room in a townhome) and have a new tenant moving in next week. He just informed me today that he is setting up an LLC to be a consultant/private contra...
John Santos
Private Lending for Commercial Strip Center - High CAP Rate
Hello BP!!!I came across this strip center in FL that based on the purchase price the Net Cap Rate is close to 14% and with annual rent escalations.I would like to purchase it but the purchase price is $3,500,000 and ...
Nathaniel Charles
Do Foreclosure auctions really work?
How do you pitch a great deal for a foreclosure to get funded by a private lender.... I want to jump on this auction that is a great deal with crazy returns but I dont have the funds. How can I get this done. I am sti...
Mike Trzaska
Cash - The only way to fund a BRRR?
I'm underway on my first BRRRR deal which I initially financed with my own hard-earned and diligently saved capital. I want to have 5 units by the end of this year, but the process seems so linear. Purchase> Renova...
Shawn Thomas
Hard Money Loan —> Convention Loan
You need to fund the final 20% need to acquire the property. You decide to go with a Hard Money lender with high interest costs but your plan is to refinance the HML into a conventional loan after maybe 6 months of se...
Jesse Howell
LOOKING FOR HARD MONEY LENDERS IN SALEM, OREGON
Hello,Does anyone have any hard money lenders in the Salem, OR area they would recommend? I want to compare terms/rates & options of a few different lenders...Thanks!
Eugene Krylov
Financing my first deals.
Hey BP forum I found 2 great income investment deals in Jacksonville, Florida. There is a big potential to add value on both of the properties, by looking at the pictures the properties look like they're level B prope...
Bob E.
Selling with a 1031, Can I seller carry back a 2nd Mortgage
We have on an offer for 20k over ask on our Phoenix listing (on the market one day) and the buyer is worried about the appraisal.
We are selling through a 1031. Can I offer to carry back part of the sale price if ...
Damon Vaughan
Non-Traditional Lending Options
Looking for recommendations for non-traditional lending options for residential properties (SFH or duplex). Need new strategies to purchase properties and refinance existing after reaching 10-loan limits with Fannie ...