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Results (10000)
Josh Wilkerson Rehab to Rent Purchased with Cash - Now What?
15 August 2022 | 6 replies

I'm working on closing my first rental property. It was a state owned home that I purchased for $2500 cash. It's going to require about $40k in rehab but will have an ARV of ~$95k and rent for $700/mo. I'm struggling ...

Dewayne Perry What ratios to look at for loaning private money? LTV, LTC?
4 January 2024 | 5 replies

I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...

Kevin Mejia How does rising rates affect everyone ?
3 February 2018 | 7 replies

With rising prime rates does that affect all lenders? Should new young investors be worried ?

Jorge Vazquez Do you set your target on absolute terms or relative terms?
1 November 2021 | 0 replies

Do you want to set your target on absolute terms or relative terms?Most investors want to buy properties based on the 70% rule. Some seasoned investors think in absolute terms rather than relative terms. They would co...

Ryan Vaughn business loans
16 February 2016 | 2 replies

I'm looking to purchase a multi family home. Is it possible to purchase the home with a business loan? It won't be a primary residence so I wouldn't need a regular mortgage loan. I don't want to have to live in it for...

Catherine Morel Legal contracts on rehab properties
29 September 2018 | 3 replies

Hey Bp! Is there a book or an article that talks in depth about how to set up contracts. Which contracts should I need when rehabbing a property ??Thanks you ! 

Michael Kerma 203K loans for home gym
8 February 2017 | 2 replies

Can you use a 203K loan to build a home gym in addition to fixing up the rest of the place? Can equipment be purchased with left over rehab money?

Mike Celli Cash Secured Loan as Downpayment
8 February 2020 | 2 replies

Has anyone used a cash secured Lon as a down payment instead of putting the money down itself. I am wondering if that’s a better option.

Kayley Brumagin Seller Carryback vs. Contract for deed?
14 June 2021 | 1 reply

Hi,
I'm studying for my sales prelicensing exam and I'm confused about the difference between a carryback and a contract for deed? The definitions are almost identical in my eyes. 
Any helpful ways to remember the d...

Mark Perea My in-laws want to buy their vacation home
17 September 2019 | 6 replies

Is there a program my in-laws can use to purchase their vacation home without proving their income.