Rob Randle
203K Loan - Just Received Contractor Estimate - What to do?
I just received an estimate from a contractor for a 203k Loan. Property is a 2100 square foot duplex that needs an entire rehab. Gut everything, mold issues, stolen copper, and basically nothing salvageable. Howeve...
Ori Holzman
FHA Loan - Conflicting Information
Hey good evening :) I've been receiving conflicting info on the FHA fees, or maybe I'm just confused. Is there an upfront cost as well as well as a monthly premium? How are each of them calculated? I am currently look...
Conor Livingston
$200k Capital -> $3k/month profit, doable?
Hi all,I want to invest $200k into buying my own rental properties. I would like to take home $3k/month profit from this (e.g. after expenses). I would like to accomplish this all in ~1 year.How difficult on a scale o...
David Hull
Business loan to fund LLC or hard money to fund deal by deal?
Is it better to use a simple interest business loan with a 48 - 74 month term to get started or use hard money to fund deal by deal? I am a newbie and working on my first investing deal. It just seems counterproductiv...
Julian Riezgo
Llc and portfolio loan
I want to get a investment property using a credit union but I also want to have my New york LLC buy the property. I have the downpayment saved up, but I just graduated college and lost my job because of caronavirus.I...
Edward Shen
Looking for low rate HELOC with high LTV in first position
Hi Everyone,Does anyone have any banks/credit unions/lending institutions that will provide a high LTV (& more than $400k limit) on a SFR (primary residence) in first lien position with good rates in CA? I curren...
Brett C.
Help with Partner Holding Paper Strategy
Hi everyone, I have a partner who wants to hold paper long term for some of my deals. Sa-weeeeeet! I want to make the process as PASSIVE, painless and professional as possible for my partner and other potential part...
Caleb Godsey
Owner Financing Deal or No Deal?
Hello BP Forums and Happy Friday! I'm looking to complete my first deal soon. Following many recommendations in the BP podcast, for a first time investor, it sounds like owner financing can often times be the best rou...
Amir B.
Interest Rate Advice
Hello BP Community,I am shopping around for a duplex and wanted some input on selecting the best rate for me.I'm going the FHA route. I have gotten an interest rate offer at 2.875% no credit back, 3.100% $2,000 back, ...
Jacob Yates
Is this a loan or an investment?
I have a private lender or investor, I am not sure what to call him, who has agreed to put 10% down for a 20% ROI paid out in 1yr intervals. I have two questions in regards to this: 1.) What type of lawyer should I ge...