Danté Belmonte
BRRRR Gone SO Right!
BRRRR deal gone so right!Single Family4 Bedrooms, 2 Full Bathrooms at purchaseAsking: $75,000Purchase Price: $42,500 CashRehab: $70,000Closing & Holding Cost: $5,000Total Cost: $117,500Projected Appraisal: $125,00...
Lisa Chipp
Conventional Loan for Rental or Flip
I am actively looking for ways to secure capital to purchase my first real estate investment. I have equity in my current home and am shopping out a HELOC to use for a down payment and other costs. I spoke to a loan o...
Andrew P.
To pay off or buy more
Hi all,
I just started a real estate company and we are up to 8 units. What is the better way to make money and expand, pay off existing mortgages sooner or acquire more properties?
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
Hi,
Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt...
Nanette Miller
Loan on current property - LTV over 80%
Hi,I currently own a condo in Kissimmee, Florida, it has some equity now. I want to borrow against the equity and use the money to purchase a Multi Family Unit. I don't have a lot of equity but want to borrow as muc...
Trevor Richardson
Current interest rates for investment properties
Investors are finding it difficult to keep up with interest rates and the lending market.
Residential (Single Family and Multifam up to 4 units) - On average, we are seeing rates 0.75% higher than owner-occupied loan...
Mahinda Horapakse
Private money deal - trouble with numbers
Hello, I'm trying to structure my first deal using private money and I just cannot seem to get the numbers to work, even though I'm all in for under 75% LTV. Any feedback on these numbers is appreciated.
This is a S...
Ceotrid Gilbert
Advice on obtaining 100% financing from hard money lender
I am in process for a loan from a hard money lender. This is my first time seeking hard money funding and I have requested 100% financing. Apparently I am working with a broker who in turn is using another broker who...
Nigel Prentice
Current Hard Money Lending Rates? (Jan 2020)
Hello,I've done a few deals as a private investor, lending money out to buddies who are doing fix and flips and buy and holds. My money is lent to them to acquire the property and for construction costs. Things have g...
Ariel Hernandez
I want to do a cash out refinance for a property under an LLC
Happy Holidays BP members!!!I've been slowly acquiring a few rental properties using profits from my primary auto collision business. I contemplated selling a 3 family house in Newark NJ and use the funds to a differ...