Sam T.
Finding owner or lender
There is a nice 8 unit property across the street of mine that has been shut down for a while and is probably in foreclosure. I looked up the lender in the mls and it only shows private lender on it. I wanted to try...
Edwin C. Natal
Newbie with questions on a FHA loan for flipping
can I still use a FHA to purchase a property to flip or will I be obligated to live in the property for at least a year because of the FHA loan. Newbie here so please go easy on me even if this seems like a stupid que...
Joe Genova
5 Month private mortgage
What would be a fair fee and rate for a 5 month private mortgage. I'm situated in Toronto, Ontario.
Adrien C.
3/1 SFH rental numbers
I have a purchase agrement on a 3/1 in a B+ neighborhood. I can flip it to an investor and make a quick buck or I can fund through a private investor and hold it as a rental. If I do this, I will start marketing it as...
Dan Kim
Finding private money
Hello BP community,So I’ve lined up a great agent, contractor, and hard money lender. I’m having trouble finding private money lending specifically for that 20% down on the hard money loan. If my goal is OPM, just won...
James Register
Private Loans LTV Ratios
Is This Possible? I need to know are there any PRIVATE LENDERS anywhere, not hard money lenders willing to lend at 6% on a ready to move in home with a 20% equity position. Let me explain:My friend wants to buy a read...
Anatole Doak
Finding a lender who will lend under 50k
Hi,Need some advice - I've found a good deal in Philadelphia. Purchase price is 55k and the house is in very good shape, currently rented. Looking for a conventional loan that will loan me 45k, every mortgage broke...
Jevaughn Johnson
HML or Private Lender for Seller Finance Deal?
Good Morning AllI have a 3/2 SFH that I want to Buy and Hold. Property is going for $80k. I have had 2 contractors give me estimates for roughly $35k. ARV is $156k. The idea I had in mind was either get a HML or a Pri...
April Eilers
MHP Financing Options
We own a mobile home park in Nevada that we are selling ($320k). We have had a number of buyers that are interested but can't get financing due to the fact that we only have one year of rent rolls. Most lenders seem t...
David Little
Partnership Financing Questions
My friend and I are looking to purchase our first investment property to basically prove concept. Our primary strategy is STR, but we have backup strategies if that falls through.
After much discussion, we do not int...