After buying 12 single family homes - I have come to think the sooner I transition to apartment buildings the better. Economies of scale and bigger numbers make apartments seem more appetizing.I have a commercial lend...
Is It ok to get a mortgage on your first property (multi unit) to bring in passive income
I am negotiating my first deal (fix and flip) and need Proof of Funds. Here is some background...I've been going back and forth with a seller working through propoffer.com. The original list price was just over $100,0...
Hello BP community! We are a highly motivated couple from New York, that have self educated ourselves in passive and active investing. We are currently seeking funding for our first flip in the Dallas, TX area, but ar...
Hi BP Nation. It's been a while since I've posted something here. I know a lot of you wants to flip houses given the popularity of fix-n-flip shows. SO for those of you beginners who don't have much cash and you want ...
I'm considering going threw a hard money lender. Questions I have is I know hard money has a higher intrest rate but also allows you to get in and get things started. Does 100% on rehab and purchase still exists with ...
Looking for some advice and or creative ideas on a commercial property I'm in contract on. Seller has offered to hold 10 to 15% of the property at a great rate for 8 years. I'm being denied a mortgage because I'm only...
Hello BP,
I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed somethin...
I need to find a new place to move to because my landlord wants to raise the price for the winter season and get more money, I live in Palm Beach Gardens FL, so I was hoping to find a fixer and move in and do most of ...
Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...