Hi All,My partner and I are new investors, looking to do our first deal in the first few months of next year and avoid analysis paralysis. We intend on using hard money for this first deal; however will have very litt...
Who do you think is offering the best HELOCs in Texas right now? On primary homes. Any ideas or suggestions on a specific bank?
Just recently I discovered BP and it has given me motivation to start purchasing investment properties. I have a plan, I understand the analysis needed for properties, and i'm ready to go. However, I'm having a hard...
I was reading a book called the bankers code.it talks a lot about velocity and the ability to make an interest on small amounts of money . One example of how to do this was. To peer to peer lending but I thought of a ...
I've decided to get a HELOC for my first flip. House I'm looking at is 70k ARV, 33k list, 3-5k repairs. You could really get away with doing nothing, but I'd like to do some light staging and minor repairs. HELOC is i...
To my very knowledgeable peers out there... My just got accepted on an empty lot and now I need to find some financing. I have checked out a private money lending company like Stallion Funding. They will fund the pr...
I just got back from talking with the bank about my situation. I was told in my situation that I should be looking at properties with 5 or more units. My goal is to simplify everything and to have one person I can g...
I own my home outright and was considering using the equity in my home to invest in my first property. Good idea? It seems like that’s what most investors do with their properties but assumed there were some cons when...
Didn’t get around to putting together an LLC in time on this deal in a new state. Is a commercial loan the same as a Fanny/Freddy where they can call the loan if you quit claim to an LLC or does the bank not care?Shou...
Hello BP!I'm curious if anyone has experience in getting a property refinanced as a self-employed individual. I'm currently seeking investment properties (SFH or possibly duplex) with the intension of paying cash (inc...