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Hello,I will be investing in multi families in northern New Jersey and predominantly buying and holding. I will be doing my first few deals through hard money and plan on doing the BRRR strategy. I already have an FHA...
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So a few months back on a different thread @jorge ruiz brought up this idea and I was curious if anyone has does this or if it's possible.You create an LLC. You buy a home. Your LLC gives you a loan for the home. You ...
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Hey BP Community,As a new investor, I'm looking for some clarification on financing deals. There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actu...
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Which bank is best for a business line of credit? I hv good credit and a substantial amount of savings.
How does one obtain a business line of credit ?
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looking at Private Lender's to fund property. What are pros and cons? Is 1% fee typical? Things to look out for? how do I verify I wont get burned?
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
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Aloha everyone,
I’m trying to cover all my bases here and wanted to propose this scenario to you and here your thoughts and ideas:
I’m currently in escrow on an investment property that costs $600k. I’m putting 200k...
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I want to understand the math behind figuring out what a property needs to appraise at in order to get out of an FHA loan. For convenience, I'm not going to account for things like tax, PMI, and additional expenses. L...
I've been visiting hard money lending sites such as E-Hard Money Lender, Lending Associates, etc., and I have a few questions I'd much rather ask YOU folks than one of their loan officers:
1. If LTV remains below 70%...
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I'm planning to BRRRR my next property but looking for a bank who could refinance a property after I renovate & rent it. Does anyone have any experience with a financial institution in North Carolina who might ref...