Jeff Smith
Hard Money Lenders/Private Investors/Mentors
Hi everyone, my name is Jeff Smith. I am basically looking for all the answers about Hard Money/Private Investors/Mentors. I just want to dive in on the subject and get all the ends and outs. However, I am brand new t...
Kurtis Johnson
First flip what should I know
I'm looking to do my first flip. I have 3 houses I'm going to look at this weekend to put together itemized repair estimates together for, I also have a my realtor ready to sell and getting actual comps together. And ...
Angelique F.
Private money 30 year fixed, prepayment penalty?
Hi,Im considering taking a 30 year fixed private money loan and wondered, do all or most private lenders penalize you for paying off the 30 year loan early? I may want to refinance after one or two years because the ...
Corey Bogaski
First investment property
Hello all,I am under contract for my first investment property. It is a 4bd SFH and i will be doing the rent by bedroom route. It is a VA loan. I am wondering, if after the year of residency, i want to go and buy anot...
Aayush S.
Current Commercial Loan Terms and Rates
Hello BP,I recently found an 8-plex property on the market and I'm wondering what the terms are for a commercial loan in order to get that property. So far I've been seeing 5-year terms, 20-year amortization, and belo...
Summer Shelton
Create an LLC before purchasing first property
I am on the hunt for my first real estate investment. Would you say it's necessary to create an LLC to purchase the property? located in Missouri, St.Louis area
Benjamin Sulka
Using Chat GPT for Lender Conversations
Hey BP Forums! Wanted to share something interesting with the lending community and get your take on it. I was preparing for a conversation with a lender regarding FHA 203(k) loans. I have a basic understanding of the...
Damicco Robinson
How to Accurately Analyze a Rental Property
I've noticed some investors having some issues efficiently and accurately analyzing rental properties. I thought I would provide a reference below to help out some investors who are struggling to determine what's a go...
Ademir Zukic
Primary Residence Mortgage vs. Investment
As I have discovered, a Primary Residence mortgage is able to give you some of the lowest interest rates as compared to an Investment Property Mortgage. I assume much of this has to do with what the persons intention ...
Ron Jon
Financial statements for new LLC (partnership)
I am planning on creating an LLC with a couple of partners to buy our first investment property within the next few weeks. All are active partners and have equal stake. My question is about the visibility of the perso...