Orlando Glez-Jorge
Is there a rate cap for unlicensed hard money lenders in a commercial loan in Florida
What is the rate cap for unlicensed hard money lender on a commercial loan in Florida?Is it 18% for $500,000 or less and 25% for more than $500,000?Thank you for your answers in advance!!
Geoff K.
Need Advice on How to Lending Contractor Money
Hi all, I need advice pretty quickly.I have offered to loan my contractor $60k so he can also buy a rental property off market. I fully trust him but I also need to know what documents/title lients/promissory notes/et...
Stephanie Gledhill
Newbie- first property decision Nashville, TN
I found a new 4bed/4bath 2300 sq ft in Nashville. The property will pay for itself so the cash flow I’m okay with. It is $430K and will rent for $3,000. I’m stuck on wether it is good long term. I would hold for 10 ye...
Tracy Brown
How to properly sturcture money at closing deal?
I have 2 commercial deals that interest me where I can purchase under value, get cash at closing and debt service the properties with profitable businesses.
1) Plan to buy and hold.
2) Owners are anxious and one has...
Anneliese Kvashay
Selling a half flipped house?
Hey everyone, I'm new here and have been pouring over all the forums. Definitely wish I found BP about three years ago before I dug myself into a big hole. Long story short, I purchased a charming victorian in Buffalo...
Sami Gren
Areas with best ROI in New Jersey
Was wondering if there are any landlords here that would know which areas bring you biggest cash on cash return [at this current time]?(newark, east orange etc. Don't have anymore that great cash on cash return like t...
Dustin Seager
Mobile Home Park financing
Looking for some financing ideas.We came across an opportunity to purchase a mobile home park in Central Florida. The land comes with 4 mobile homes (2 of which have been split into duplexes), a quadplex of apts, and ...
Chris Penny
Hard money lending for down payment of an investment duplex
Can I borrow hard money for down payment of an investment duplex? Due to my financial condition, I need to put 30% down for this duplex and I don't have enough. My friends (relatives) can lend me money (as "gift") but...
Tara Menk
Appraiser can't appraise, now what???
I am buying a unique for sale by owner property. It was originally a church connected by a semi-underground tunnel to the rectory. It was then remodeled into a 3 story single family home connected by the tunnel to a d...
Jerad Miller
BRRRR in Cleveland And Akron?
Hello BP community! I am currently looking to get into multi family rental property using the BRRRR method. I'm looking at properties in the Cleveland and Akron areas of northeast Ohio. A duplex can be had most times ...