Billy Bridges
New Member from Texas
My name is Billy Bob Bridges,I am a retired Airborne Ranger and currently a Realtor in Central Texas.I am looking to invest and help others that what to do the same.Thank you and look forward to working together.God B...
Walchli Donna
How to report income on hard money bridge loan repaid to me?
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
Lance Bradshaw
Bridge Loan for On-Time Close, i.e. where are all the appraisers?
I am scheduled to close on a mixed-use property in Wichita Falls, Texas on April 26th and I've been pre-approved for a conventional loan but they have not been able to find an appraiser to pick up their appraisal orde...
Matt B.
Low NOI- .53 DSCR
I'm looking at an off market 5 unit in the Chicagoland suburbs with a very low NOI, the landlord owns the property free and clear and has not raised rents in years, I've offered seller financing and they do not want t...
Khu Far
Possible to get DSCR for rental and sell home early
Is it possible to get a DSCR loan for a SFH that you rent for 1 year and then be able to sell it and take the profit to reinvest?
Adam Craig
Any scenarios where you can advertise to private lenders through facebook?
Any scenarios where you can advertise to private lenders through facebook?Sometimes we have scenarios where a small amount of money is needed via private lenders to take on or do a commercial investment project. I thi...
Adam Petersen
Financing for 24-unit Building ..... Where do I start?
I have line of sight on a 24-unit complex deal that is 90% occupied and is listed for $1.5M. I do not have the capital to put 20% down (~$300k). Where should I start and what types of loans should I be looking at? Bri...
Carnet Williams
Michael Blank SDA - Modification: year 1 one monthly
Hi. I'm using Michael Blanks SDA and my bridge lender is asking me to break down year 1 into monthly. They are ok with year 2 and beyond being annualized. Has anyone modified the SDA to have one year show monthly? Wou...
Patrick Philip
Is there an alternative to using HML's?
Aside from cash, HELOC, or an investor, is there a way to fund the bulk of the purchase and rehab with a different type of loan?Do smaller banks offer "rehab loans" that are not for your primary residence? 203k or som...
Joshua Ferrari
Multifamily Syndicator Finance Help
I've got a potential multifamily deal in Mobile, AL, but with everything going on with lending, it has become extremely difficult to acquire capital. Does anyone have any recommendations on how to be creative in acqui...