Account Closed
Financing for $20k houses majorly distressed
Where do you go to get financing for majorly distressed houses in small towns? Example: contract price @ 20k and remodel cost $30k = total $50,000. The mainstream lenders pass these up. Is there any mainstream pla...
Adrienne Markes
Mobile home park owner saying no to HVAC
I've been trying to get an education on how much control park owners have over mobile home owners renting space in their park. Here is the situation:My 90 year old grandmother has owned a unit for 25+ years in a subu...
Vinay K.
Cashout refi on Primary Residence to payoff rental mortgage
Hey Friends, I have a 450k loan on my primary residence (currently at 3.5% for 30 years fixed). I can get 2.625℅ for 7/1 ARM. Zero closing cost. More options:- If I pay 1000 dollars in closing then rate becomes 2.5℅- ...
Dan Milinazzo
My first BRRRR turned Flip
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $109,900
Cash invested: $104,100
Sale price: $250,000
Small 2 family property that was in the same famil...
John Robb
Is hard money the answer?
Hey everyone,I have found a deal, I have the money for the down payment plus a bit extra, and I have stellar credit. That being said I cannot get a loan through a bank or mortgage lender due to being self-employed and...
Michael Baum
Crazy guests! Why?
So I got a text from my cleaner that the washer wasn't working. It would go for about 3 minutes then flag an error LO FL. It is a Maytag mid grade front loader. That error is low flow on the water. Luckily I was drivi...
Robert N.
Advise for getting a 80% refinance
Hello BP community! I have run into an issue after I thought I did every thing correctly.
Here is what I did (my homework):
1.Called MANY banks and finally finding one locally who would do a portfolio loan/refinance...
Taylor Frank
Newbie from Salina, KS who drank the guru's kool-aid
I am completely new to the world of real estate and investing. I'd had interest for a while, but really had no direction or any idea where to get started, thinking I'd need a ton of capital upfront no matter what. If ...
John Ha
Heloc questions for rookie
Hi all - have not gotten into investing yet but have been wanting to for years just have not had the courage. Been thinking of using heloc on my primary.I pulled out a heloc on my primary home to finish the basement b...
Chase C.
What Parts of DC Area Aren't Tapped out for Newbie Flippers?
Hi, BP Members.Long time lurker, first time poster here. My brother and I want to team up to flip houses, and we have about 85K in cash to leverage to get started. We thought we'd start in the DC area because that's...