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Hey BP Community, hoping you can help me out...The Set Up: Buying my 2nd buy-and-hold rental property, and this time I've found a relative who's willing to lend me $75k to finance the deal. Having never done this bef...
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Need advice bp friends. I have 2 properties. I paid cash for one and will be selling it soon. The other is a wholesale deal. I should be buying/closing in the next few weeks. But I want/need to get rentals. I am...
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I’m currently interested in pursuing a degree in real estate by using my GI Bill I attained from my service in the military and I wanted to ask is it worth it. I currently work a full time job and I plan to do full ti...
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Hello all! I was recently reading different articles about interest rates and their fluctuations and I was wondering if someone could shed some light on the resilience of the owner financing space when the interest ra...
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This is a question specifically for the US or Canada. My question is referring to conventional banks. I am hoping some lenders or well seasoned vets on this website can help me.
Most conventional financial institutio...
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As the description said, we are trying to finance BRRRR deals using a line of credit we have with our local bank and then flip it into a traditional mortgage. On the line of credit we have available it's a 6.5% inter...
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Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
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Hi all,This is my first post! I live in Winston Salem, NC. I've recently taken on a project to build three SFRs on adjacent tracts of land. I am looking at build to rent financing, but all of the banks that I've spoke...
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Hello everyone,
I'm very curious what strategies people are planning to use, if the housing markets tank again, like in 2009. I know many of you were investing during the last recession and were able to ride the wav...
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I am looking for recommendations for institutions that provide scattered site financing for the Milwaukee area.