I have an excellent credit score of 810, but the two lenders I reached out to are giving an Interest rate of around 5.375% for 20% down... it's a conventional loan for an investment property in Arizona. I thought it w...
Hi BP community, I have some questions about the FHA Loan Mortgage Insurance premium, and other relative cost when using this house hacking method. I plan on buying either a Multi-family/Single-family home to make my ...
How does a renovation FHA 203K loan and Homepath renovation loan works? How do I rehab the home with this loan. Please explain the details and the break down. Will they cut me out a check to do the improvements/r...
Hi Id like to purchase a duplex that is currently rented to long term tenants and I’m trying to find a small loan $75k. My credit score is above 800 and NO debt! but I only work part time by choice so my income is l...
Does anybody have any experience with funding a LLC? Say that I open a LLC in XYZ state and fund it through a third party. The third party will receive a return of course. I want to use the LLC to have the capital to ...
We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:
For those of you with experience loaning out your own funds for short term transactional funding, if you we...
Hi BP,i own a mobile home park in New Mexico. I fully renovated the first trailer using my own funds, and now the unit looks like a brand new home (ultra modern). I'd like to be able to keep the trailer as a rental,...
I would like to purchase a small multi-family loan in Colorado. A duplex or triplex that I can house hack. I have 20K cash but my primary residence has appreciated nicely and I'd like to re-fi to put a down payment on...
Hello everyone,I'm new to real estate investing and I'm planning on purchasing my first investment here in the next couple months. What is the standard percentage down hard money lenders require & are they going t...
Hi Everyone, I'm looking at a house in Houston TX and the garage is converted to an extra room. I would pay for this cash and fix it and sell it. I wanted to look it up and see if this work on the garage was permitted...