Christopher Lawrence
How to Screen/Work with Private Lenders
Hello BP Family, I've been meeting a lot of great people in this industry. I recently met a couple of private lenders that offer 4% & 5% rates with a six-month deferred payment plan with no pre-payment penalties. ...
Mark Rider
Non Recourse Mortgage SOLO 401K Puerto Rico
Hello BP,I want to purchase an investment property in Puerto Rico using my SOLO 401k. In the 50 states, I need to use a non-recourse lender, however, of my choices, these lenders do not offer financing in Puerto Rico....
Dillano Medina
Getting funding with no money
Trying to get funding for a deal when I have no money to put down for a hard money or private lender. What are some tips can you give to someone just starting out?
Andrew Giancola
Mortgages that cover repairs when you don't live in the home.
Hey guys,
I'm looking at a duplex that's in a great area but needs some work. I've estimated that the repairs would be about $15,000 and will still Cashflow after repair. The ARV will also be much higher once the r...
Aaron Leger
Need a loan to finish a flip, help!
Hello everyone,
I own a home that I intend to flip (yes, OWN). It is gutted and half way through frame and ready for foundation work. About out of cash, 110k to complete (parts and labor). Make about 55k a year after...
Coronde Ware
Looking to buy a 5 unit apartment residence
I am looking to buy a 5 unit apartment building in Romulus, Michigan. Since it has 5 units I have to get a commercial loan to purchase the property. The seller is asking $260,000. The issue I am having now is that ...
Tony Nuttall
Obtaining financing without proof of income
How can I get a loan for construction without tax returns, bank statements etc etc. I own the land outright that can be used for the down payment. And the total value after construction will be close to double what th...
Shayna Bradshaw
In need of reliable contractors and tips on being a first time landlord
Ready to buy a second house with my spouse. I'm looking for a fixer upper but I've never worked with any contractors. We might get a private lender but we would hate for things to go wrong. We're trying to find people...
Michael Coiffman
Buying my first rental, with little money down....
Hello Bigger Pockets family,Here is my current situation, my current credit is in the mid's 500's , I have income close to the $90's / year, but no money down.I will have access to maybe $7k by next year. My desire is...
Jayagowri Deenadayalan
Clarification on Financing with OPM
Hi, Lets assume i buy a house and rehab it with private investor money. How can i refinance the property? What is the traditional seasoning period? Also when i refinance since i am using OPM is that going to be an i...