David Huynh
Poll: Best places to get mortgages (credit union vs. big bank) and best approach to...
Hey BP,FYI - New to posting, so let me know if I can do a search or if this is in the wrong forum section.It seems like a no brainer - What is the best way to get mortgages? Have you found working with a local small c...
Whitney Robert Caldwell
First Rental Property in Baltimore Amid Quarantine
I have finally evaluated 100 properties in Baltimore, MD! I can literally feel the adrenalin of turning my dreams into a reality. I have 60 more days to complete my first deal, as part of my 90 day challenge which end...
Matt Maluchnik
Why would Loan Officers say this?
I just met with a bank VP of a local (smaller) bank. They mentioned that even though I'm interested in single family homes for investing... They are all considered 'commercial' investments and would require 20% down ...
Justin Brooks
Senior Housing Development
Investment Info:
Other commercial investment investment.
Purchase price: $360,000
Cash invested: $690,000
Residential Assisted Living senior care homes are earning smart investors safe, secure, and r...
Olga Daisel
Line of credit in Texas
Are there any line of credits on INVESTMENT property that one can make in Texas? I don't need lump sum, I need excess to equity when I would need, aka HELOC like investment.
Shervin Fakhravar
Investing as foreigners - mortgages
Hi!Me and my three close friends are stuck in the phase of finding a lender for us as foreigners (hi from Sweden!). Our common goal is to invest together as owners (leaning towards LLC) and do it through BRRR to be ab...
Greg C.
Unusual Tax Lien Auction Requirement
Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
Alan A.
Cash Flip to Rental with Conventional Loan
Hello BP,I am putting together my next deal and I would like to try the following, and was wondering if this would be legal, as it is not an "arms-length transaction."Bullet points for brevity's sake:
Purchase REO w/...
Toni Morgan
Creative Development Ideas needed
Hello Everyone
I'm new to the forum and I would appreciate any ideas for how to develop and use this property. I would appreciate any developers input but if anyone is from the NYC area that would be a bonus since yo...
Rolanda Eldridge
Note buying?
First National Acceptance Company(Lansing MI) is offering to purchase my private mortgage. I'm considering it, but not sure of the process. The mortgage is about 4 yrs old with 6 yrs left. Any experience or sug...