Alma Mills
Multi-million dollar LA flip to ourselves
Investment Info:
Single-family residence buy & hold investment in Los Angeles.
Purchase price: $1,640,000
Cash invested: $300,000
We bought this SFR distressed and with the old owner in bankruptc...
Bob Ross
Hard money for long term loans?
Not too well versed in hard money but always thought it was more for flip projects. Is hard money ever used for purchasing a multi family for example where there would be paid back by the incoming positive cash flow? ...
Don Nelson
Help in analysis of multi-family
Hey Multi-fam BP'ers...I had a deal that looked pretty good on paper until the seller disclosed they pay for all utilities. That really messed up the plan. The actual numbers are below. So my question is this...how ...
Matthew Spiers
Cap-Rate Qualifying Loans
Hi everyone, I've posted on here a few times trying to find the right lending product and lender but haven't had much luck over the last few months. I'm about 6-8 weeks away from finishing up a 4-unit construction pro...
Chris Kendrick
Cash out refi
With new seasonal period of 12 months for cash out refi on brrrr , only option is a dscr loan for around 7.5% at 6 months, my question is that if the property is paid off with no mortgage, do I still have to wait a y...
Neil Dyer
If I have bad credit, how do I start investing now?
How do I get started with bad credit? Do I need to wait until I improve my credit score before I can start? I've heard about getting owner financing and lease to own, are these the only ways to get a start?
Corey Perdue
Taking The Leap Into Commercial (Funds)
Good morning BP world!I am seeking some advice from people much smarter than me, I believe I have come to the right place.I have been in the REI world for a while(mostly SFH BRRRR investing) and was looking to make a ...
Austin Jones
Does using a Hard Money Loan create Cash Out Refi Issues?
I've just completed the renovation on my 4th BRRRR Property and we placed a tenant in the property last week - it is my 6th property. The issue I have is that I only have enough capital to do one deal at a time. One...
Graham Scott
Canadian Investor Trying To Enter The US Market
As a Canadian investor looking to invest in MF properties in the US mainly Washington, Oregon, Arizona but unable to get a mortgage as I am not us citizen or have PR. What is the best way to go about this issue? Have...
Kyle Varga
Difficult Multifamily Funding.
I've had difficulty finding funding for this deal because my net worth isn't 2X the bank loan amount. I've found the always talked about but nearly impossible deal of nearly 0 money down in multifamily. I have 100K I'...