Sam Mahmood
BRRRR or Conventional in Orange County
Hey Guys, Im located in huntington beach, and opened up escrow on a great triplex that I will occupy. My biggest hurdle is figuring out if I should do a construction loan on it or conventional non qm with today's rate...
Lance Dacy
Creating Lending for Eventual Primary Residence
I have an opportunity that would eventually become our primary residence. The home appraised last year for 2.1m, currently on the market for 1.98. I am offering 1.5m (as it needs about $200k in updates for our tastes)...
Aidan Alexandre
Where To Borrow For LLC
A friend and I have started an LLC to begin real estate investing. We plan to flip houses to start and eventually branch out into different forms of real estate investments. We are approved for a HELOC of $100,000, bu...
Ronald Williams
Real Estate Investor
I purchased an investment property using Sherman Bridge hard money loan. I was promised some many different thinkgs than what was actually provided. First, I was told that my downpayment would be 10% of the purchase. ...
Matthew Dunn
Commercial Multifamily Financing
Dear BP, I had a quick question on commercial financing for my first larger deal, so I am pre approved from Freddie / Fannie for a $1MM purchase, I have literally just enough capital right now to do that, but limited ...
Ellie Perlman
What You Need to Know About Multifamily Financing
Due to the fact that the country is currently in a recession due to the pandemic, financing is harder to get. The good news is that lenders are still lending money.
To begin with, there are multiple financing opt...
Aaron Hale
Wholesale financing options?
I’m looking at a few potential multifamily deals sent to me by wholesalers. I know they want to move quickly and cash, HML, or private money are usually the main or only accepted forms of financing. However, are there...
Michael Mikhail
How to Get a Hard Money Bridge Loan with Bad Credit?
If you’re a borrower looking for financing options for your investment property, your only options are to reach out to conventional institutions (banks), mortgage companies, and direct private money lenders.
However...
Oscar Garcia
Quick question on loans
What happens to the initial loan?How does it get paid off once every thing is said and done?
Dennis Tierney
Syndication funding
I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't h...