Hello BP community! This is my first post but we have been going around and around on this so I figured the forums might be a good place to find an answer. I know there are tons of fix & flip hard money loans out ...
Ive talked to some hard money lenders and there number seems to be around 18% which approximately breaks down into about 4 points and 12-14 % rates.
The thing that I disliked the most about talking with them...
Hi all, here some background to help setup my question. I'm focused on buy and hold at the moment to build cash flow. I work a full time job and manage 6 units myself. Originally my goal was to buy 1 property every...
I am an out of state investor currently researching the Indy market with the goal of buying, renovating and renting out single family or small multi-family units in the area. My goal is to build a portfolio of 5-10 pr...
I've got a budget of about $25k for purchase costs and rehab. I am pre-qualified for an FHA loan. I'm looking at a nearby triplex on Zillow for $195k that, with an FHA loan and 3.5% down, would still provide double-di...
I'm interested in learning how to and if it is wise to try and find an investor or group of investors interested in bundling all my properties (all under 80% LTV) under their umbrella. I want to get my current prope...
Wishing everyone a more productive and prosperous 2021.
The year 2020 came with a lot of challenges that nobody prepared for but we survived them.
What areas are you looking to do better in your investment journey o...
I am an experienced investor and have purchased homes in Virginia and Michigan several years back. At the time, I used conventional bank loans to buy the property.
Today, there are many great deals out there. Pro...
I am interested in finding a private mortgage. There is a short sale property I am interested in and would like to borrow 130,000 for purchase and renovation. I am in the construction trade and the cost of all th...
I currently owe ~$60,000 in student loan debt at an average interest rate of 5.7%. Would you recommend that I save for a downpayment on an investment property (owner-occupied, FHA 3.5% or 20% down conventional loan) ...