Hey BP! I have been working with New Western here in Dallas and they have connected me with their sister company hard money lender Sherman Bridge. They are offering me a 7.75% 1.75 origination points for 75% arv on a...
In the area where I would like to purchase next there is a conventional loan limit of $647,000. Sellers won’t budge at $759,000.The property is properly priced.This would be a primary residence that I can also operat...
I am currently doing the BRRRR method on commercial real estate. I have been raising funds for each deal paying my private investors 10%.I got great traction on my lending pool for the first 10 or so investors. Now th...
Experience:I have some experience with commercial loans on multi units; I have (2) houses on one (1) deed and another (3) houses on (1) deed. I own a few other SFH and TH rentals with a handful of flips , lien investm...
Banks in Greece have been closed since June 29th, an obvious sign that the Country is in complete and utter turmoil. Greece received the honor of being the first major country to default on an IMF loan. With its massi...
Does anyone have any advice from experience of using a private lender/OPM as their down payment for a bridge loan with a HML?I'm still in the process of using my own funds, but am trying to plan and strategize and to ...
Going to look at a house with a bridge plank foundation that has started to cave. Are these even legal. Maybe grandfathered. Any ideas on how to proceed.
I have a SFR house that I secured 3 months ago wirh a 12mo hard money loan. I had planned to refinance it into a conventional loan so that I can move in and use it as my primary residence. I have another property un...
Portfolio question: How can I acquire a portfolio (5+ SFHs) and then refi into individual, conventional loans? The commercial loan (5.5%, 20 yrs) will be significantly less cash flow than conventional. Are lenders o...
The biggest complaint of commercial real estate investors these days is not being able to obtain commercial financing. Prior to the real estate meltdown, commercial real estate investors were not readily utilizing ...