Hello, I am considering purchasing a property with a rehab bridge loan and then refinancing with a DSCR loan. However, I am having trouble finding a place to get a good ARV for this DSCR loan. I would think that I hav...
Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I h...
So I'm way over budget on a rental and after installing the washer and dryer come to find out there isn't a drain for the washing machine. What are my options? Is this a big deal? Could I add a pipe and connect to the...
I've been using 2 sources of money: hard money & private loans from friends & families.For hard money, it used to be 12% without any point. After a number of deals, one of the lenders reduced to 10% for me, f...
I have good credit and pretty confident I could get financed if I tried. My question is. Is it wise or too risky to invest in my first property with depleted bank funds?
Hello BP,
I’m looking into buying multi family properties in my area. I am considering using a hard money lender for buying properties. Can you guys describe to me what a win-win deal looks like for a real estate inv...
Hello all,I am looking for a hard money lender in the Mississippi area! I have inquired through the bigger pockets portal, but I’ve had little luck there. I have a few properties I’m looking to temporarily refinance w...
I am seeking guidance/direction for purchasing a small multifamily property
Ok, so I plan on doing a local marketing campaign for private money online. What should I read up on far as complying with laws on gathering money etc. Also, what are somethings that you can think of that I should be ...
Looking for some help.I would like to pull some equity out of a property (non owner occupied, no mortgage) and use that equity for additional real estate purposes. One purpose is to use some of the money as a down pa...