Sandy Sawyer
Bridging the gap between borrowed IRA funds and HELOC
So I won this bidding war by offering cash, but I don't really have enough to close, so I'm borrowing from the IRA to do the deal. I wanted this house because it's right up the street from elderly mother-in-law. Now, ...
Cody Jensen
Ever use Home Bridge Financial Services for a Mortgage !?
Hey Everyone,Has anyone used Home Bridge Financial Services for any of their investment properties? If so, how are they? Are they a good company investor friendly? or have you used better? They are located in New Jers...
Jeffery McBride
Conventional Mortgage versus Bridge Loan on first rental property
I'm looking to purchase my first rental property through Memphis Invest and I've been working with their mortgage lender to get pre-approved. I found out that I can't qualify for a conventional mortgage due to a fore...
Paulette Midgette
In Need of Advice on Selling A Challenged Property in Philadelphia
Hello BPers,I have a condo for sale in Center City Philadelphia. The condo is located in an historic building in the Old City historic district. It is within walking distance, of the most iconic historic sites in Ph...
Jason Pride
How to Finance Dream Purchase???
Hello everyone! I am a new investor. I purchased 4 rental properties the end of last year in Augusta, GA. I have the opportunity to purchase 2 more SFH's right next to 2 other SFH's that I own. As well as purchasing 2...
Dan Mac
Commercial mortgage advice
Hi there, I'm trying to refinance out of a bridge loan on a commercial property that's worth about 1.5 million and I need to pay off 360k high interest loan. I got a great buy on the property and then signed a lease ...
Larry W Boyd
Lender Fails To Close
Started with 6 month Bridge loan, Oct, 2022. Started refi to long term fixed rate rental loan, April, 2023. After 3 extensions and 7 months time, costing $4900 in points, and not including appraisal fees, lender infor...
Jimmy Klein
Blind Auction? Commercial Real Estate?
I know this board is mainly for SFHs, but wanted to discuss CRE auctions.There is currently hotel in foreclosure being auctioned off soon. The hotel is being auctioned off. This is essentially a blind auction as in no...
Evan Polaski
Is Floating Rate Debt still Bad?
I just posted a similar discussion to LinkedIn, but would love to get your insights here. This is concerning syndications, and specifically directed to those that are truly open to making syndication investments (if ...
Dave Megowen
Conventional Financing for a Flip
Hi BP,I am looking to fund a fix and flip with conventional financing in the Central Ma area. Has anyone had success flipping with conventional loans in Massachusetts?If so any lender recommendations?I would be financ...