Good day, BP,I’m trying to understand why hard money lenders keep turning me down on my rehab project. The deal:Paid 60k cash for house needing total rehabAnticipating needing a loan of 150-175k with an ARV of about 3...
So through a connection, I'm having dinner next Wednesday with the SEVP/CCO (Chief Credit Officer) of a local bank. I'm getting my questions ready, but was wondering if BP Nation had some questions that I could add t...
Hello, everyone. newbie here. I'm a very low income guy (make $25k a year) and I want to buy my first property. I'm looking for properties around 60k to 80k. I'm planning to go with USDA or FHA. I have good credit upp...
Is there a difference other than underwriting opinions? I do Private Funding and have done this for years but I get clients that ask Me the difference and I explain to them I have never used Hard Money Funds and am n...
Any one on here have any investor friendly lenders in the Nashville area? Working on getting a commercial style loan with a local bank which seems to be giving me a good rate but lender is working very slow and unresp...
I have worked with bird dogs in the past but mostly my experience has been underwhelming. Bird dogs that submit a few deals and go away are fine, even if the leads don't initially pan out. That's life. I chalk that up...
Hey friends! My insurance company is dropping me because my commercial property is a home converted (and officially zoned) to commercial space. I now need to find insurance but struggling with my current broker. Re...
Looking for a real estate friendly community bank in the Largo, FL area. Any recommendations? Thanks.
Good afternoon. I'm not sure if anybody else has these issues but I will lay it out there for you.I own 9 rental properties in good areas that are cashflowing well, however I am currently struggling to buy more than 1...
My greatest strength is that I'm a bookkeeper, I invest in the market, I save most of my income and I have a excellent credit score. As of today, I have about $15,000 in mutual funds (emergency account, short term sav...