Leroy K. Williams
Using existing property to create line of credit for flips
My family owns a property in one of Detroit's historic districts. It will likely appraise for $250,000. I want to see about using this property to leverage for a line of credit for $125,000 for flip deals here in Met...
Jankely Hidalgo
solution on how to structure this deal
Hey to all fellow BP members. I wanted to ask for help in structuring my first deal. I have a deal in Staten island new York. This is for a 2 unit MF property that will need rehab. I wish to purchase this property to ...
Lance Antonio
deal crushing without a down payment
so how about those deals you see in your area, but are not fully prepared for it, and kicking yourself in the face. haha im a handyman here and working in a very desirable area, see an open house. only to check it out...
Melissa K.
Owner Financing
I am interested in purchasing a mobile home and then selling it and providing owner financing. How do you investors prepare your loan documents? Do you have an attorney or loan officer prepare them? Typically, how ...
Kenneth Stump
No Money Down on Investment Property!!!
I have read multiple books on no money out of the investors pocket to buy real estate. However, after over 2 years of looking for deals I have not been able to find how to get funding without coming out of pocket for ...
Mario S. Williams Jr.
Proof of funds to do a wholesale off the MLS
I’m looking to do wholesale deals in vegas. My credit is bad right now to get proof of funds from hard money lenders. They say I need a 680 credit score in NV. I have 580. What advice can you give me besides credit re...
Vijay Krishnan
2.875% Interest rate for 7/1 arm a good deal?
Hello all,I just bought a home at Dublin,CA for 980880. Do you think 2.875% for 7/1 arm with a credit of 3300 is a good deal? What do you think about Title fees from North America title company. Loan amount: 735660 Lo...
Luis R.
www.fixflip.com, Any comment from this company?
Hi BP members:I am just starting as REI . Being reading a lot and just defined my plan which is to start fix and flip houses in my area to generate cash and later do buy and hold. Searching the web, I found this comp...
Kenny Lincoln
Lending Question, What is the better option
Within the next year I will be purchasing a home with my wife. We have a small amount of money saved towards the necessary down payment ($30k). I plan on utilizing equity within a rental home to get the remaining down...
Jonathan Bombaci
Limited real estate supply vs decreasing demand
We are still struggling with record low inventory here in MA and NH. Last year was a crazy high sellers market due to lack of supply, especially in the Multi-family space, and this year had even less inventory hitting...