Nick Militello
Hard Money Contracts
I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...
David Cherkowsky
Interest Only Seller Financing Questions
Hi all,My agent presented an opportunity to me that would use seller financing and I had a few questions. The seller is looking to sell a house he bought and renovated. Based on a conversation with my agent, the selle...
Koree Scott
Convert sunroom or garage to living space?
Last year I bought my first house hack, a 4/2 SFH in Escondido, CA. My plan was to either convert part of my sunroom to a living space, or convert the attached garage to an ADU. I've seen plenty of posts about how ADU...
Tyler L.
90-100% LTV for flips in Massachusetts?
My partner and I are looking at foreclosures in New England in the $250k-$350k range to rehab and flip. We’ve looked at hundreds of listings to familiarize ourselves and have found about half a dozen gems (light rehab...
Jose Enage
New from Beautiful British Columbia
Hi All!
I have been a member for quite some time but never been more active than the past few months. It's about time I formally introduced myself and did a post! I'm Jose Enage also called JM and I come from Richmo...
Nick Patterson
Vacant Multi-Units Strategies
Due to my "liabilities" of other apartment houses. My bank will not provide financing to me for a vacant 6 unit apartment complex.
Has anybody else come across this and what strategies did you use to push pa...
Joe Norman
Elevator Pitch Best Practices
Hello BP Community! I am looking to change up my "Elevator Speech" that I use to give people a quick overview of what I do (buy distressed properties to rehab and resell them). I want to modify it so that I excit...
Jason Cotner
Hard Money Question
Hello all,
My wife and I are going to start our investing adventure here in the near future. I have been studying, and doing my research trying to lay a good foundation for us. I have our 5 yr plan outlined and I am...
Steven Denio
hunting for a IO loan at 65% LTV at a decent rate.
Hey there, just curious if anyone is seeing any decent private money rates for investments properties. I have a place I'm looking to refi out at 65% and hoping to find a IO in and around 5% if possible.
Gary Tsai
Purchase contracts and hard money/private loans - chicken or the egg
Recently, I've been searching for ways to fund a deal but I keep getting conflicting information about the purchase contract from various sources.
A little while back I posted a question here about the proces...