Kenny Dargert
Private lender contract?
Ok, I met someone that wants to finance flips with me, I have been in the trades for over 40 years and have been remodeling houses for ever. but the contract or offer end of things arent my strong point but im learnin...
Matt Maluchnik
Why would Loan Officers say this?
I just met with a bank VP of a local (smaller) bank. They mentioned that even though I'm interested in single family homes for investing... They are all considered 'commercial' investments and would require 20% down ...
Angad G.
I own 4 houses cash- what should I do?
Hi BP,I have been working for the past 2 months now to find a commercial lender to refinance rental properties that I own outright in an LLC and have been unsuccessful. I recently put an application in with a mortgage...
Alex Ell
Funding rehab for 2 Oakland properties
I own 2 properties in Oakland and both mortgages are paid off. I'm looking to rehab both homes (need extensive work, no quote yet) to increase their ARV and sell. As an owner of an LLC, would it be in my best inter...
Lucas Schlund
Planning My First BRRRR - All Cash or Finance
I have been learning about real estate and investing for about a year now. I have bounced around between various plans and strategies that I want to pursue. Finally, I realized I just had to commit to one, and I lande...
Thomas Farrell
BRRRR with ~400k Capital
Hello all,
I am new real estate investor that has yet to purchase his first property. Due to a very high entry level in my home state (Long Island, New York), I have turned to look at out of state markets, particularl...
David Gleason
How to maximize leverage on 4 SFH rentals to get to that "next step"
HI BP community! I currently have 4 SFH rentals in the southeast, 3 of which are owned free-and-clear save for property taxes and insurance. The 4th has a LTV of 40%. Combined rents on the property net roughly $420...
Jonathan Gordon
Best financing option/strategy with no W2 but plenty of assets.
Hi Biggerpockets, My family is moving up to Washington State this summer from California after selling out home and one of the things I want to get into is rentals. However, I am in a bit of a unique situation and...
Sam Brown
Newbie from Panama City, Florida
Hello Ladies and Gentlemen, I'm an independent; a bird dog working from my home office in Panama City, Fl. My mentor is Tyrone Taylor; aka The Flip Man, I have learned a lot under him. I don't have a deal on the table...
Amit M.
Can I decline an applicant because their move-in date is far out
I have listed my property as available for immediate move-inOne of the applicants toured and liked the property and sent in their application on our request. Their indicated move-in date is 2 weeks out. They are unabl...