Account Closed
Multiple forms of financing
What would be your top 5 sources of funding without using any of your own money?
Allana Alex
Isolate the issue or open up completely?
Hello BP members, In the process of purchasing a house hack. Property has been neglected and I have concerns about plumbing as house is 70 years old and it was neglected by previous owner who simply did patchwork repa...
Lee Common
Bank Debenture purchase
I was refered to someone today who offered to send me some information on a PPF Platform. I read it over and it is all about Bank Debenture Puchase and Resale Program. I've found some disturbing things on the web in...
N/A N/A
thinking of getting involved in a section 8.
I was looking around some real estate listings and saw quite a few listings in a not so great area. One listing in particular stood out. It was a recently renovated vacant single family row house for about 70k. Th...
Account Closed
Direct Mail using Microsoft Access
Are any of you all familiar with how people are using Microsoft Access as a way of saving property information and being able to filter their results for direct mail. All i can conclude is that one would build a l...
Reno Law
No income, 800+ credit score, how to get a loan?
I have a client who’s a single mom, housewife with 800+ credit score, owns a property co-signed with her parents, no income for the last 5 years and basically just live off from her parents support. Her parents left h...
Justin Raddatz
FHA First Time Homebuyer 4 Plex - Using Partners
My brother-in-law qualifies for, and is pursuing, FHA first time home buyer financing. I believe this requires a 3.5% down payment and no mortgage insurance. Nice terms. Colorado also offers grants applicable to do...
Account Closed
Rehab Loans in Florida for a deal
Hello,Here are the numbers:ARV: $150,000 (Verified by a licensed Appraiser)Repair Costs: $15,000Purchase Cost: 1% $1,500Holding Costs: 3% $4,500Sales Costs 3% $4,500Profit 20% $30,000Fudge Factor 4% 6,000I'm getting ...
Jeffrey Allen
Masshousing loan program
Is there anyone familiar with the Masshousing loans? If so:
1. Are the income limits based on gross or net?
2. Is income W2 verified or Pay slip verified?
3. What are the loan limits for Boston, Waltham, Salem? Ju...
James Carter
Jumping from Residential to Commercial and How to Scale
My wife and I closed on our first true investment property. It was a four-plex that we financed with a VA loan as a primary residence. We are looking for other avenues to invest in and have considered commercial prope...