Shooting for a BRRRR deal. Will banks loan on a house that appraises for 35k?
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Hi BP'ers - Do any veterans have advice for a fellow BP'er who is approaching/working with private investors for the first time? Over the last 1.5 years I've purchased nine rental properties (mostly through hard mone...
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Hello Newbie here.
I've been busting my butt to learn everything I can and it's a little discouraging when I here the opposite of what I've been led to believe...
I don't know anything about Real estate but like I s...
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Hi BP,I'm curious (as I've never gone through with one myself yet) what I should generally expect with rates on private/hard money lenders? Is there a general mark up above market rates that is typical? or is it just ...
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We have decided we would try to rent from a private owner (say of a condo) instead of renting from a larger community of 400 apartments.
Since I take care of the property and am looking to rent over the long ...
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Hi Everyone,I am closing on a property soon in the Stone Mountain area. It is a condo that should appraise in the ~60K range. My partner and I have reached out to a few larger/national banks in the area and they do no...
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I'm looking at buying my first investment property but I'm wondering if there are private investors or companies that will lend on the rental income of the property and cover the down payment? If so, are there certain...
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Dear BPers:
We are in FL vacationing, and are thinking of investing around Tampa area. We know that these surrounding areas are growing rapidly, but don't know where would be our best bet.
It seems Wesely Chapel ha...
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Hello BP community. Looking to pick your brain on this:As a rehabber, What are some good suggestions or ways to to secure a loan when you are self employed and don't have the 9-5 gig with salary? Thank you,Gary
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Hey BP, I purchased a 2 family rental in February of this year. I inherited a tenant from one unit and renovated and recently rented out the second unit. I'm starting to think about how I'll purchase my next rental an...