Michael Andrews
Offering private money loans using LOC on commercial property
I recently purchased a 12 unit building which came with a very high appraisal value at $95k over the purchase price (which I put 20% down on). I found a local lender that is willing to do a LOC at 80% LTV on the prop...
Adam Craig
Hard money question and how much closing costs to refinance?
I am using the purchase with hard money, rehab, rent, then refinance with commercial lender plan.My hard money lender charges 5 points on the first deal, 4 points on the second, 3 points on the third ect... Now that w...
V.G Jason
First REI Property
Investment Info:Dallas, TX quad-plex that needs reno on two of the units. Units A&B are 2br,1.5ba. Units C&D are 1br,1 ba. I believe this will be $750k+ property in the short term, at minimum.List Price: $645,...
Eddie L.
How to feel comfortable accumulating so many rental properties?
Hi fellow investors. I wanted to see where everyone's risk tolerance is with accumulating multiple rental properties over time. I currently have 2 rental units (fun and addicting!) but I am a bit hesitant to keep goin...
Riaz Gillani
Let's Define Hard Money!!
BP Com,If you're like me - you are fed up with the stigma surrounding hard money. The notion that they have absorbingly high rates and low LTV feel outdated. Are you at 3 and 1? No...but I think the notion that it'll ...
Rafaella Almeida
Using home equity instead of Hard Money
Hello BP community,My husband and I have equity in our home and our rental. We want to expand our portfolio with hopes to be financially free. My husband does not like the idea of getting a HELOC for he thinks it is t...
Mirza Baig
Fort Worth, TX Deal Analyzing Help
https://homeland.nwaoftexas.co...
Hey everyone, I'm actively looking at deals right now and I need help analyzing this one right here. I believe it's a good deal for a flip but I wanted to ask the BP community on the...
Sunshine Chow
Newbie - How should I save to fund my first investment?
Hi everyone! I'm an investor newbie and would love to start my real estate investing journey with flipping houses. I currently work a 9-5 job M-F and my husband and I own our home. I was wondering how much we need to ...
Bryan Hancock
How Large Of A "Bet" (Investment) Are You Willing To Make?
This topic comes up frequently on BP and it is something I am currently wrestling with for some new projects I have found. What percentage of your net worth are you willing to risk on any given type or set of project...
Yoni Weisbrod
Serious risk in owning multiple properties?
I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...