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How did you find your lender? What kind was it-hard money, private, joint venture? How was your first lender compared to the one you use now? Reading Brandon’s book about low and no money down investing. Looking for i...
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"When you receive a Good Faith Estimate, these are "estimates" of what your closing costs will be. The reason these are estimates, is the actual costs will vary slightly. There are several unknowns on a purchae transa...
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I've been working towards this for years!! But now that I am here, I'm scared.
I have 80 k cash and 30k in credit. Don't know if I will pay cash or Get a loan.
Biggest concern at the moment is calculati...
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I've been thinking that, within maybe a couple of years and maybe with the help of some investments from friends/family, I'd like to obtain a small, maybe 8-unit apartment building. I have a couple of questions. Where...
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Hello BP Fam! I'm in the beginning stages of getting pre-approved for a mortgage. I'm trying to figure out how much I can get with what I got before I can make any offers. I have good credit, no debt, and a pretty goo...
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Hello everyone!I am in the process of preparing for a PCS from Okinawa, Japan back to Colorado Springs, Colorado. Because of this, I figured that I could start the process of purchasing a multi-family home so I can li...
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Me and my Girlfriend are looking for our first property to purchase and we plan to use the BRRRR strategy. We have been weighing the pros and cons about using a LLC versus our Names, and we just can’t come to a conclu...
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Hi,
What seems to not be mentioned often is exactly what hard money lenders want when presenting the deal to them and what that turn around time is.
Context- Where im looking properties that are good deals move fa...
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At the end of August I purchased an 1100sqft duplex. 1 bed 1 bath each side. $140,000 purchase price. 5% down. After credit for repairs it cost me 4k out of pocket. I inherited a tenant with a lease until July he pays...
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Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...