So many times I'm sent a deal to save and come up to a train wreck caused by some other Mortgage Broker or Lender LO who can't think outside the box and/or don't have the loan programs I can offerAnyway, often, the ob...
I am in contract to purchase an small investment property in Staten Island NY, I want to hear some thoughts on setting up the LLC before or afterwards ...I like to say thank you in advance, for your time and response ...
Hello,I've heard the 10 mortgage cap on conventional loans but today I was told by a friend that after 4 conventional loans under your name the fees or cost of conventional loans increases. Is that true?When I questio...
I have my eyes on a triplex in Florida and looking to see if there are any reputable hard money companies willing to do around 10% down. Looking to close on our before 7/27/18.
Just curious what the requirements lenders have for multiple buildings with multiple units? I found three 4 unit properties that are 80% occupied being sold by an individual in declining health at 86 yrs old. He has o...
Hi BP forum,I was wondering if someone could help me out or point me towards resources that address how investors work with partners to finance buy and hold properties. Specifically, this scenario: I have some cash fo...
Most of my income is derived from re-sales. I cash out of most of my re-sale deals and usually only carry paper in order to solve a problem. However, this year I created two small seller carryback notes as a way of ...
Hello
I am tired of hearing and reading about stimulus checks and all sorts of assistance for tenants (especially deadbeats who are collecting all the stimulus and funds but not paying rent to their landlords). Do sm...
First few questions:
Will the cap removal also remove the possibility of doing a split loan (using part of the benefit on one and another part on another)?
Will there still be a one-time second use option for vacati...
Hello everyone! Thank you for taking the time to read this. Firstly I want to mention my friend and I are complete beginners to investing and flipping so any help/guidance is greatly appreciated.
My friend recently l...