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Hey 👋 I’m looking into private Monday lending options. The rates on being quoted are 5% interest. Seems like a much quicker process than conventional loans since funding is in 3 to 5 days. No property appraisals requi...
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One of my rental properties recently had a roof leak. The leak is caused by lots of leaves and seed pods dropping from overarching branches from my neighbor's giant Royal Poinciana trees. They have three of these pl...
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We currently have 5 properties with 9 doors. Three of them have mortgages that are in my name. We have lines of credit on 3 of the 5 and I'm trying to find someone to give us lines on the other 2. We also have been...
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Hi BP Nation. It's been a while since I've posted something here. I know a lot of you wants to flip houses given the popularity of fix-n-flip shows. SO for those of you beginners who don't have much cash and you want ...
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When seeking private loans to do a buy and hold using the BRRRR strategy, should you shop around for loans using a directory such as Private Money Goldmine, or get something under contract first, then seek funding?Â
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It feels like I should have more cash reserve in case of losing my job or having an opportunity to buy another rental property. However, the home prices have increased even higher due to the lower interest rate. It is...
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Hey guys, my Fiancé and I were discussing possibly taking out a large personal loan (from like prosper or even financial..) to fund a fix & flip deal.. what are your thoughts on this? Could it work to buy a forecl...
The bank just accepted my offer for a REO property. I just met with my realtor to sign paperwork and provide cashiers check for EM. The issue is that property is winterized and I was told that the selling agent has to...
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Hey BP members, this is Daniel from Houston, Texas.I have been in "ninja mode" in BP for some time now and I think the time is ripe that I get more involved in the forum to grow and learn from greater interactions wit...
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Hi everyone,
Do banks use your EIN, DUNS number, or both for business financing? Also, can you use one or the other? I have an American Express Business credit card for my LLC which was setup with my EIN an...