I am wondering if anyone can shed some light on their experiences with this type of loan on an investment property (have heard it requires tons of patience)?Is it true that they require the contractor to begin the job...
I came across a 304 unit for 10.5 million.$35k a unit in Indianapolis. In the description it says The loan is currently in arrears and the lender has agreed to forbear foreclosure to allow a sale of the property subje...
Hello BP community!I'm trying to get my finances in order right now and I have decided to do my first flip with funds from my HELOC. I'm trying to determine what a bank or credit union will give me. If the value of my...
This is my first time selling a house and I've got some questions and don't know where to ask. I'm hoping someone here can clear it up for me.
My father owner-financed a home for me in 2012. We just sold the ...
I am looking into refinancing one of my rental properties, which I own under an LLC. The lender requires that I move the deed into my personal name in order to get approved. Some questions I have as a result of this:1...
For my first REI, I am considering an off-market mixed-use building in a great/solid area. Lower level is a bar (has been operating for decades) and upper level is a three-bedroom occupied rental apartment. The seller...
Subject-to deal: Cash required: $35k + 295k existing mortgage + 5k in misc = $335k for a 350k 2021 house.Pros202135k needed3% int. rateGood schoolsGood location CONS$145/m in HOACashflow is tightMortgage InfoLast Reco...
We are currently a hard money broker, and I have been really thinking about branching out and wanting to know what we would need to do to become a direct lender , any suggestions ?
Hello! I’m looking into investing in RE but having difficulties with hard money loans. Have any of you purchased property via 401k loan? What are your thoughts on this ? I invite any and all comments and recommendatio...
Greetings BP! I’m a newbie investor trying to purchase my first multi-unit investment property here in Houston, Texas. It’s a new construction 4-PLEX with 2bed/1ba units...Purchase price is 300K and I’ll be putting a ...