What's up BP family my Name is Octavous and I'm from metro Detroit, I'm writing this form because my goal is to comment to two post a week into the formsI am currently fighting Analysis paralysis I read daily listen t...
Hi there looking to get some info on private lending: Pros and cons?
Daily Dose!3 Must Haves:1) You Still Need CashYou won't be able to finance 100% of the purchase price and renovation costs in the vast majority of circumstances. To make the arrangement appealing to your lender, you'l...
Hello BP!I recently met with a local real estate investor and learned about the importance of forming relationships with banks. I'm wondering if people could tell me about how they finance their deals and who they us...
Hello everyone! Me and my business partners have been working towards getting our first wholesale deal for a few months now. We are not discouraged, but we are eager for knowledge and any kind of helpful advice! Our m...
is there a way to get around the minimum 20% down to purchase property for rentals?
Hi, I put a loan into forbearance during the pandemic. Prior to this, I had automatic payments deducted on time for about 5 years. After forbearance ended, they told me over the phone that automatic payments would res...
hello everyone!My and my husband are trying to get our first deal, it is a triplex. The question is: if I use hard money, can that stop me from buying another unit using an FHA loan?thanks for any guidance! :-)
Key areas to review when you screen a renter:Credit reportCredit scoreEviction historyCriminal background checkLandlord referenceEmployment verificationBut, what if the tenant has no credit at all?You need to have an ...
Hello all,
I have found a deal that I need a hard money loan for since I cannot put 20 percent down on the property, it’s 4 units all on conjoining properties, it will be around 430k to get the deal to work.
However...