I recently found a lot of land that I have under contract and I have a contractor on standby. My question is, once I secure a commercial loan to build or get monies from Hard money, after its is built and rented, has ...
How long do I have to wait to begin the refinance portion of the BRRRR method?
EXAMPLE:
Duplex is $390,000 purchase price ARV is $475K. Can I turn around immediately after cash purchase and have it appraised the n...
Hi BP! Is it possible to use a hard money lender to fix up a property and then use a conventional mortgage to pay off the hard money lender if you want to move into the fixed up property as a primary residence?
Houston BP community,I wanted to get people's advice / thoughts as I try to get started with my first investment property. I'm leaning towards buying a smaller house for my family of four with a conventional 20% mortg...
Hey BP, it has been a little while since posting on the forms, anyway its late so I'll keep it short and sweet. In 2 years or less I will be putting a DP on a duplex, triplex, or quadplex and more than likely be livin...
I have three properties, one paid in cash and two with mortgages. I still qualify for 2 more conventional mortgages which I am hoping to use before rates go up.At first I was having trouble finding decent properties w...
Hi Everyone,
I’m finishing up my first San Antonio project in the next few weeks (a 3/2 SFR rehab), and I’m looking to perform a cash out refi into atleast a 7 year, or 30 year fixed loan product. I would also be ...
Here is the situation, Have an 1800's ballon construction 3/1 single family , 1.5 story unit. The unit is rented consistently and is functional but also needs upgrades, new siding (has 2 layers), Some rooms could ...
First, how many rentals do you currently own?Second, how did you acquire each of your first 10 rentals?Third, how long did it take you to get your first 10?You don't have to give a blow-by-blow account, but maybe a br...
So I am currently working towards buying my first BRRR property and have recently found a private money lender willing to set me up a line of credit to purchase and rehab a property. The only catch is that they will o...