I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
Hello!I have had many good (in my opinion) ideas but the strict regulations on financing have killed 99% of them. I figured I would lay out my plan here and have the more experienced and professionals maybe point out ...
Here is the Deal!Owner going into foreclosure pay off amount is $43,146.75 on the property (including escrow taxes, back payments, insurance, fees, etc.). This is the pay off amount according to the lender. Her goal i...
Hi BP Nation
Right now I'm structuring my presentation to negotiate with private lenders some of them friends and overseas costumers.
How the process work?
How do I guarantee secure funds during t...
Purchased a condo for cash ($73,200) at auction which is currently in the rehab phase. I will be putting roughly $10k into the rehab as well. Are there any lenders out there that can get me refi’d sooner than the 6 mo...
Hello guys my name is Juan this is my 1st year working as a contractor an I have taken an interest in real estate investing however with no previous work history and no previous filed taxes I know I won't qualify fo...
I am curious to see what people have to say about this or if there are any suggestions. My wife and I have a group of people we know that want to invest in self storages. Each person is going to put in $50,000. My wif...
Hey everyone! I’m a second year law school student and I want to start investing in real estate. However, due to my dedication to my studies, I don’t have any income at the moment.
However, I do have $35k and have ...
Can one buy a property on market with cash then get an FHA loan after closing? Trying to be competitive in this market, and I know my FHA offers are going to be ignored. Any insight here? Thanks in advance!
Hello, I'm new so I apologize in advance if this is an idiotic question, it's just been difficult to weed through all the information online.
I'm currently renting but I'm qualified for a FHA loan and was thinking o...