BP Family — How will a lender evaluate a FICO 8 score with numerous closed accounts? Is DTI only impacted by open revolving and non revolving accounts?Alternative approach may rest with seller financing. AC
I am considering seeking private money lenders (individuals specifically) on BP for flipping opportunities where they would receive a 12-15% return and if needed, first lien position on the property . If I was to do s...
I’m a fresh high school graduate who is exploring the world of real-estate. I want to make my money work for me and achieve financial independence at a young age. I plan to attend a local community college this fall a...
Investment Info:
Other buy & hold investment in Bayonne.
Purchase price: $30,000
Cash invested: $4,000
Sale price: $30,000
Two 5 acre lots purchased
What made you interested in inves...
Investment Info:
Single-family residence wholesale investment in Fayetteville.
Purchase price: $10,000
Another closing on a home that took more than a few months of negotiating a solution to a seller's s...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $138,000,000
Cash invested: $50,000,000
Numerous apartment assets in Greenville South Carolina.
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Okay so there is this guy, he wasn’t very wealthy at all. And now he owns multiple high rise apartment buildings. And is loaded. My question is after he got the first one. And paid all that money. How did he afford to...
Investment Info:
Single-family residence hard money loan investment in Elizabethtown.
Purchase price: $74,000
Used the BRRR method. After small renovations and filling the unit, I refinanced with a $20k ...
I am hopefully closing on my first home around New Years and planning on renting the entire upstairs. It’s a bedroom, bathroom, and living space. I have several questions on what to do. 1. Where should I look to deter...
I have heard from a couple of lenders that conventional loans are not available on duplex, triplex or 4plex properties that add an ADU (an SFR with an ADU does qualify for a conventional loan). This is not an issue of...