Hi,
If the seller has agreed to carry an unsecured PM mortgage, how should you word that in the purchase agreement?
It won't be placing a lien on the property. Should I add a separate addendum for the ...
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Not sure if this is the forum to ask, but where could I find information on loaning money to investors for say rehab loans? I don't want to loan for more than 9 months. I have about 30K to invest. I recently funded ...
BP community, I'm asking for your help! I'm in quite the predicament.I have a great opportunity in front of me to start the real estate journey I've always imagined.... Buying a multifam with a partner, our projection...
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Greetings, My wife and I are making an offer on our first multi family this week. We both have full time jobs and make decent money 100k+ combined. Our credit is well above 750 each. The loan for the $210,000 house wa...
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I'm looking for a private money loan to use as gap funding for the rehab on a flip.
I need $30k and should be out of the project within 6 months.
What are fair terms to approach a lender with?I've never done this ...
Good evening fellow investors,My business partner and I are currently seeking financing for a deal we have under contract. We have attempted to work with many private money lenders and banks; however, everyone says th...
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Yesterday I finally closed on a blanket loan for 6 properties at 65% ltv and cashed out on some equity. My question is, is there a way/what are the options of leveraging the 35% equity in properties, so that I'm able ...
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Hey Guys - hoping there are some experts out there as google is deeming to be useless on this matter. My question is simple (so I think), is it possible to roll up any rehab costs into the mortgage loan amount when bu...
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Hi Everyone. I'm new here.
Scenario:
Unexpected landlord with under water property and negative cash flow. Cant refi. It will be short if I sell and negatively impact my credit (and owe taxes since its a rental). I'm...
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Does anyone have experience borrowing residential loan of $50k or under? I heard most banks won’t lend for such low amount. My banker from Chase said he ‘believe’ the lowest amount they can lend is $10k. He doesn’t so...