Ross Yeager
Alternatives to waiting for the hold period after BRRRR?
I just purchased an all cash deal that I'm rehabbing and will have an ARV that I'll be able to finance and get back my initial investment (LTV 75%). I purchased the property and fixed it up all in cash, but in order ...
Lance Luvaul
Credit went from Nil to Excellent... can this be real?
Hi all, I just want a sanity check from the BP folks here.I just asked my dad to add me as an authorized user to one of his credit accounts in the US to help me rebuild my credit scores there (since I closed all my ac...
Jamie Hogan
Charged Off - What does it mean?
I have a friend that had someone else managing their money. Several mortgage payments were missed. I guess the bank had someone drive by the house and saw that it’s in terrible shape. They determined that it would ...
Drew Steinman
Help Me Analyze this Apartment
I know the owner of a 12 unit apartment and have approached him about selling it to me. Would love it if anyone would help me with what they think it's worth. Here are the details:Where: Toledo, OH (near University of...
Brad Uhlig
Finding seller financing deals
Anyone willing to share a script and/or letter you've used to approach owners to seller finance your purchase of their property? I just bought a property with seller financing that fell into my lap. Was a win-win fo...
Sophia Berry
Help! Easiest way to transfer ownership of my Mom's Home
Hello all,I wanted to refinance my mothers home in my name however, apparently according to my conventional lender, she would have to sell the property to me and I would have to complete the transaction as a purchase....
Rich Weese
3% rates??
OK- All you financial gurus. Will 30 year,90%, owner occupied loans hit the 3's or bump into the 5's first? Time to go "on the record" with your crystal balls. Rich
Account Closed
How do you feel about using a hard money loan for your investment?
Hello,
I have a investor who says it is ridiculous to pay 12% interest on a hard money loan. I tried to explain to them that leveraging your funds is a great way to protect yourself from further risk and that using h...
Jorge Caicedo
Disclosure Statement
Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...
Mindy Jensen
What's your MOST Creative Finance Story?
I want to know the most creative way you've ever financed a real estate purchase.Mortgage? Pish, I've done that.You sold plasma? Tell me more.Seller Financing? I'm all ears!Brandon Turner told us in How We Bought a 2...