Who do you think is offering the best HELOCs in Texas right now? On primary homes. Any ideas or suggestions on a specific bank?
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...
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 just received this new marketing piece that is being distributed for a new loan program. I thought it would be something that the BP community may find useful as it directly relates to rehabbers.Has anyone else com...
Hi all,A realtor/investor reached out looking for $12k to help fund a deal and promised a net return of $24k to be paid 60 days after the property has been rehabbed and listed for sale. We have since defined the listi...
Hi folks, I just want to make sure I'm understanding this particular situation correctly:so here's the scoop. I found a property in foreclosure, non owner occupied, the owner paid CASH for it back in 2007, $1.1 millio...
Hi,
I have 5 acres that would make an awesome building site out in the country. Someone has expressed interest in buying the land contract for deed and putting a double wide mobile home with a permanent foundation on...
LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...