Leisy Bartumeut
Financing options to finish a half renovated home in brooklyn NY
I own a home in williamsburg NY that needs about $700K to finish a renovation. Long story short had contractors did a bad job (we're in a lawsuit) and now considering selling the home (halfway through renovations - w...
Sam L.
The opposite of hard money lending!?
So, as I understand it, hard money is a good option for equity based deals where the borrower's credit & DTI may not be there.I am looking for a financing option that is basically for the opposite situation. Ther...
Michael Voils
Established family - foot in the door? Initial Capital?
I'm still in the research phase of my real estate journey.
I have an established family - married, three kids and a mortgage. I have only one vehicle that has a loan, the other is owned outright. I am not in a positi...
Season Price
Borrowing down payment with owner financing - where to start
Hi. I found a cash flowing, multi family property that I don't want to pass on. The owner is willing to finance 80%, 4% interest rate amortized over 30, with a balloon. I originally had a family member interested in p...
James Dainard
Buying in your name vs buying under an LLC
Hey BP Community!!I've been getting a lot of questions over on my Instagram and I wanted to make sure I shared the answers with you all as well!The question we got recently was, if you're starting out and are looking ...
Jeff Smith
Financing our second deal
My wife and I purchased a rental property in 2018 for $153k. It currently rents for $1800/month and we enjoy the positive cash flow as well as the market appreciation (~$245k).We want to purchase our second property a...
Ben Morris
Business Purchase with Real Estate
Background: I am in the process of buying a business. The business purchase will be funded by an SBA loan and is in the same industry that I already own another business. I am very comfortable operating in this space ...
Felix Piper
Advice on where to start
A little background first: wife and I have good jobs as professionals; live in the Los Angeles area; I have a CA real estate broker's license; Wife is w-2; I am self-employed; had a couple condos years ago, but did no...
Logan French
Using OPM (Friends and Family) for a Down Payment and/or Rehab
Hello!I am getting started in RE investing, specifically looking at multifamily properties. I am currently exploring my loan options and I am being told that money from friends and family, or "gift funds", cannot be u...
Kevin Totland
Best investment strategy for small SDRIA
I have $19000 in a 401k with my previous employer that I want to move into a SDRIA and start investing. I am still researching my options. $19000 does not get you a lot of real estate in my area (salt lake city , Utah...