I recently bought a small house (my principal residence) in a hot Portland neighborhood with hopes of making it a legal duplex by converting the basement to an apartment. Let's say this costs $100K to do properly (sou...
Hello, I have to cash to invest but my short term goal is to generate enough cash flow to replace what my previous 9-5 job was providing. If you wanted to generate 75-100k a year in income where would you start.I am l...
This is a bit of a unique situation but wow do I see the value. I would like to get insight from a creative lending position. This is a 15 acre property with a 121 years old barn that has been restored. There is als...
Hi everyone, my name is Jed Forster from Antigo Wisconsin, a small town in northern Wisconsin. I'm relatively new to the site and a newbie, I am actually only 16 years old but already interested in real estate as I ha...
Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...
I am looking at a few properties to be my first buy, fix, and hold property. I am needing some help figuring out the funding part. I have a down payment and good credit and my plan is to buy, fix, then refi for a 30yr...
We have two properties that we currently rent out. We acquired both through use of the VA loan. We house hacked the first for a year, and it currently rents for a great price and creates decent cash flow (rent = $1100...
USA vs Iran thats whats next world war 3 many people dont know the big secret ! That sadam husan had a beef with the us and britan for bombing him a while back so what he thought of was to buy oil in euros and thats w...
I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment pr...
I've always been the most interested in commercial midsize multifamily investing. Want to get into the game in the very near future. Is it possible to start with small to midsize commercial multifamily properties? Pro...