Jim Mcmillen
Need 1st and 2nd Mortgage
Newbie here and need advise on mortgages. I hope to be purchasing my first property with some stats as follows:Zillowestimate: $80,000Purchase price: $40,000I will need some cash out of this deal in order fix up the ...
Jon Ankenbauer
Best Way To Transfer Land From a Family Member
My wife and I are looking to purchase a piece of vacant land from her parents. My in-laws own the property free and clear and it is part of 3 contiguous lots that they own (they live on 1 lot and there is another lot...
Jason Boulter
Help! In need of financing strategy ideas
Hello everyone,
I have a long and complicated problem. Here is the basics:
I'm in the process of closing on an investment property with a friend of mine in Columbus, OH, and we attempted to use conventional lending. M...
Liam Galbraith
Using OPM As A Down Payment
Hi BP Members,I have a passive investor lined up to provide the down payment on an investment property. I will find and manage the deal, and take out the mortgage under my name, and receive a portion of the profits fo...
Michael Baum
Mike's Deal of the Day - April 7th
Hey everyone. For those looking to add a small amenity to their STR, here is this!https://www.walmart.com/ip/Bodum-Outdoor-French-Press-Gift-S...It is a Bodum Outdoor French Press kit. It comes with beans (I would jus...
Account Closed
Best credit cards for buying home improvement/rehab material
Hey guys. Been trying to figure out the best way to pay for the construction materials, and best thing I could come up with is the Citi Double Cash for 2% cashback. The Home Depot and Lowe's cards I don't think are ...
Russ B
Trying to help out my folks
I'm in a position where I can help my parents financially but I don't think handing them over a bunch of money is in anyones best interest. I was thinking about buying a few rental properties and having them manage t...
Scott Passman
HomeDepot offers 11% off rebate too
There are a lot of people I know that aren't aware that HomeDepot offers 11% off rebates just like Menards. It isn't advertised, at least I've never seen it advertised nor is it easy to find on their website, so I wa...
Jeremy Lee
Should I buy my dad's "deadweight" property?
Hi allMy dad has a 1br/1ba lower unit condo/apartment up in Alameda and is looking to sell it because:"don't want to deal with increasing HOA Mgmt Fees, additional liability Insurance, Prop taxes NONE of which will be...
Wells Lange
Seller Finance Down Payment?
Would a lender loan 75% LTV if the 25% down payment was covered by seller financing?
Also, if I raised or borrowed (say...from a family member) the 25% downpayment would a lender approve a loan?
Any other creative i...