Devin McGinley
What LTV % Needed For Cash-Out?
I owe 274k on my property getting appraised in the next couple weeks, sometime. The exact same floorplan just sold for 360k down the street. I'm thinking around 350k is what mine will appraise for. With that being abo...
Anton Watt
Why would an Attorney Refuse to Double Close???
Hello BP,I am under contract to purchase a home from a wholesaler and we will be doing a double closing. The wholesaler will also be double closing with the original seller so this is technically a triple closing. I a...
Ronny Tiburcio
funding rehab project
I am reading the book on flipping houses and it mentions how difficult it can be to receive money for rehab on the house you are trying to get a loan for. If i were to go with traditional financing, how can i come up ...
Tony Blaine
Best Way To Provide Proof of Funds To Seller
Hello BP Team, i wanted to get your opinions on the best way to provide proof of funds to a seller and their broker when you are using private investor funds and hard money to purchase a Commercial property.For exampl...
Dan S.
Bank will not waive escrow
I am trying to do a cash out refinance on a triplex that i had purchased in February with cash. Since I purchased under my LLC and preferred to keep it that way i went to my local bank that i do business with and t...
Jonathan Wildy
DSCR LOAN and 100% financing?
I'm looking at a 6 flex in Kansas City. It looks like a ratio of 1.46. I wonder if at 1.46 with zero down is that even possible to 100% finance? I would rather fully fund it and have the reserves of income in order...
Nathan Platter
Hotel Acquisition! Lenders Needed
Asking for a friend:"I'm getting a couple of contracts on Hotels. High cap and high cash flowing properties. Looking for the best possible LTV. Lenders who can close quickly. I want to build a long-term relationship.T...
Karen Smith
Ensuring Flexibility While Protecting Private Lender Interests
How Can Private Lenders Ensure Flexibility While Protecting Their Interests?
Gerald Gatyas
Hard money financing for a Flip in NJ
I'm considering going threw a hard money lender. Questions I have is I know hard money has a higher intrest rate but also allows you to get in and get things started. Does 100% on rehab and purchase still exists with ...
Account Closed
Best Hard Money Rates
Most of the ads seem to say most HMLs will lend 65% to 70% LTV for rehab projects; but in reality, most of the quotes seem to be in the 35% to 40% LTV range. They often mention only funding 80% of both purchase and re...