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What is a “Hard” Money Loan?
There is apparently, a lot of misunderstanding as to what is meant by “hard money”. Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages...
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Hey everyone! I am taking a real estate class and I was wondering about what exactly REIs are. also, I am wondering how passive investors work. would love to gain some knowledge on the subject.
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Hello to anyone who can chime and tell me this is normal.Currently in the process of doing a 203k loan. I'm almost to closing, waiting on the consultant to submit work write up.Apparently there is a misconception with...
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Hey Everyone - I wanted to start a thread with information like tips and tricks for using FHA loans. I recently learned some valuable information about these loans and would like to know more specifically about FHA 20...
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In my experience, here are the misconceptions uneducated and inexperienced note investors possess1. Thinking the 1st lien note holder needs to pay off their 2nd lien note if the 1st lien forecloses2. Thinking the fore...
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I'm looking to buy a fixer duplex in order to rehab and househack. I only have one 1099 form. Would lenders make an exception with this? What can I do in order to qualify?
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Hi all,
I am so excited to get started on my dream of real estate investing! I live in Santa Cruz, Ca. Very expensive place to flip or buy LTR. I am trying to decide on another area close to me for that makes more se...
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I’m wondering if anyone has used any creative techniques with regards to buying a home worth less than the mortgage owed. The one in particular that I like is on its way to auction but I would love to try to work som...
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SBA Lender with 100% finance? Or Close to it?
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Just came back from DFW looking for good deals on buy and holds SFR. We had no luck and will continue to look for solid deals but are now considering other markets. Every lender and insurance company wants to run your...