Rob Fullerton
Difference between loans
I am new to the site, and I am looking at attempting to flip my first home. I was wondering if there is a difference between a commercial loan and a hard money loan, any info would be greatly appreciated.
Moshon Reuveni
FHA to Require Homebuyers to Put Up More Cash
I was wondering what’s your ideas and what can be done about this?
Dec. 2 (Bloomberg) -- Homebuyers seeking to take advantage of a government mortgage-guarantee program will have to put up more cash in some situati...
Juan Contreras
Question about downpayments with the BRRRR strategy
Hey everyone. I will be using a HELOC to fund the purchase and repairs of a distressed property. I am planning on using the BRRRR method. Based on what I have learned, you never want to go over 70% of what you esti...
Jeb Brilliant
How to split ownership and profits from an apartment acquisition
Hi All, I may have found the right apartment complex to buy but I have no idea how to structure the purchase, ownership, monthly cashflow and selling it. I will manage the entire purchase and the apartment itself (not...
Amir Mohammed
Creative Financing Options
Hello All,I need some expert advice.
I am a rental property investor and I am looking to buy a 8 unit multifamily property in Michigan. I had approached the seller to owner finance the property and my terms where 80 ...
Pedro Oliva
20% downpayment typical for an investment property?
I have been wanting to get into multifamily investments for a while now. The financing though seems to be a stumbling block and feel like it just takes all the wind out of my sails. Everything I keep reading is that i...
Sharon S.
partnering with a GC
I am an interior designer who has had the opportunity to work with a sub contractor on 4 consecutive remodels for various clients. Recently this sub approached me to see if I would be interested in flipping homes with...
Sean Tracey
"Boots on the ground" and "remote" 50% partnerships
Hi, I'm looking to do some brainstorming for how to create successful partnerships wherein one person is the "boots on the ground" and the other works "remotely". The main goal is to get a better understanding of how ...
Erin Estes
Experience with hard money lenders?
I am curious what my chances would be to obtain a hard money loan with no money out of pocket to buy a foreclosure at auction? What can I do to improve my odds when I meet with hard money lenders? @Brandon Turner
Jade Atwood
Is this deal & structure acceptable to Hard Money or Private lenders?
I would like to buy a property, but have very little money. Here are the details:
Asking price $119,000. Recently reduced from $125k. 2009 "tax appraisal" $198k. Property taxes past due $5 - $6k.
6 units consisting...