I purchased a house in October on seller financing.Since then I have rehabbed and rented out the house. Purchase price- $80,000Rehab cost - $20,000ARV - $140,000I am wanting to cash out refinance and pull out some of ...
I plan to start my search of houses this quarter and planned to get a prequalification letter first. With it I can have a better idea of the price range I can afford.I contacted BOA and Chase loaners. And they all tol...
Hi! I just recently moved back home to NJ for work and decided to move back in with my parents (not fun but ironically closer to where my job got transferred rather than getting a place) so I am saving a ton more mone...
What is a good commercial mortgage rate in Ontario, Canada. Can I expect to get similar to residential rates if I am purchasing a 6-plex? I am just looking for guidelines, I have good credit and assume the property h...
Hi everyone. I have a family member whose deceased Mother's house is scheduled for trustee sale.I'm very knowledgeable about foreclosures in New Jersey but damn near clueless about them in CA.He wants to postpone the ...
Hello,Please allow me to introduce myself; my name is Moe and I am from Denver, CO area. I have been a landlord since 2005 and knock on wood so far so good and I have also done small flip deals before & a good fri...
Hi BP!I'm a fairly new investor from Madison, Wi and looking at the surrounding area for additional deals. I am focusing on multi-family properties, and Milwaukee seems to have an abundance. The problem is that I am u...
Good Evening BP!My Name is Mark. I am currently living in Downey California and will be moving to Spanaway Washington in the next few weeks. Im 30 years of age and Im pretty new to REI. I have been learning as i go as...
If you borrow from a hard money lender. Use the funds to buy and rehab a multi family property. Rent it out and then approach a bank for a cash out refi to pay the HML, won’t the loan that you have with HML show up an...
Hi All - I would love to get the thoughts of this community around whether individuals can invest with hard money lenders and earn passive income in the process. After all, these hard money lenders also need sources ...