Brandon Sturgill
Simultaneous Closing and Fannie Mae Guidelines
Is a simultaneous close within Fannie Mae guidelines...? I am looking to close on a flip and trying to locate a title agency that will do the simultaneous close. The agency rep indicated they could do the closing if i...
Shane Haas
Buying a forclosure cash with help from parents, then financing. Any complications?
Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase? Will...
Alfred Miller
Real estate Hard money Lending For first time Investors in Philly
Hi My name is Alfred first year realtor from Philadelphia and also a new comer to BP. I am thinking about buying and selling real estate in the Philly area. I was wondering if Hard Money borrowing was the way to go ac...
Elice Jackson
Suggestions for Funding First Rehab
Hello BP Community,After a year of researching real estate investing I've finally had the guts to put in an offer a property and much to my surprise my offer was accepted! The property is a SFH, fully gutted (the prev...
Sean Brennan
Transactional Funding
I know that in wholesaling the simplest route is to assign the purchase contract. In addition, my closing attorney said that he can complete a double closing in which the end buyer funds both transactions. If this i...
Stephen Dickey
Suggestions for Funding
Good Evening Everyone,I am looking to receive some feedback/suggestions on some resources to fund a rehab for a deal that we just purchased. I have a couple of options I am considering, but am wanting some recommendat...
Sam G.
Bridge Loan for Land Acquisition and Development
I am under contract to purchase a 0.75 Acre plot of land. It is currently two lots zoned R-2, but one lot is landlocked. I intend on purchasing the land, re-zoning to R-3A (in-progress) and amending the subdivision pl...
Steve S.
Syndication and escrow
I have a question about investing in a syndicate to purchase a commercial property. The syndicate I am considering investing in raises money by selling shares in an LLC, and the money is used by the LLC to purchase t...
Joseph M.
1031 Exchange and Renovations
If I sell an investment property can I use those funds to refinance another property to do renovations?For example: I sell a $200,000 condo with no mortgage debt on it. Then I refinance a property that I already own t...
Account Closed
Hard money for foreclosure auction?
Has anyone successfully used hard money to fund a foreclosure purchase on the courthouse steps? Are hard money lenders typically willing to finance such a purchase, given all of the unknowns/variables? Any thoughts...