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Hello, I just won the bid on auction property. My bid price was 120-130k less than the market price. I am planning to acquire the property and clean it up and put it on the market. it may take 3-6 months. I need to c...
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Hello all! I am hoping for a good reference or two on lenders that would be willing to work with me on this deal:5plex of residential units. Seller wants to move it quickly, so he will provide my 20% down money by bo...
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* What step by step actions should I take to get started in acquiring properties via creative financing strategies
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...
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Hi fellow BP members,I'm looking at a 2-unit property in Baltimore City for a potential house hack.In researching market rents in the area, I've come across few posts about utilities in the city. One of my concerns is...
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I’ve read about several strategies many investors have taken to buy a home and from those strategies, the one that stood out to me the most was one where you use other people’s money to pay it off. Getting a bank loan...
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Need some Home Appraisal Advice
Currently working through refinance of a home with the same lender that held the mortgage for 7+ years.
When I applied for the refinance, I reviewed the details of the estimates with...
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(PLEASE FORGIVE THE BEGINNING RANT), but BANKS SUCK!!!!!! I now fully understand why most investors and independent business owners despise doing business with banks. THANK YOU WALL STREET and CAPITOL HILL (Cir. 2008 ...
Hey all! Good morning!
Would anyone have any "outside the box" ideas on how to best leverage my first investment of $250,000 being applied to a tiny house development in the Denver area?
I know it's not going to be ...
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Every bank I have asked, will only make loans based on purchase price. So, it doesn't matter how great a deal I find, I still need 20% of the purchase price. (plus closing and fees, etc.)
My question is... Am I not a...