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Hi everyone,So here is the deal. I have a property under contract for $77,000.00. Its not a terrible unit in a C+ to B- area. I'm using a Hard money loan to purchase at 10.5% interest only , with some fees, then pl...
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Hi All
If someone is getting into the Hard Money business how tough is it to find deal?
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Long story short- I bought a condo with the intention to wholetail. Here are those numbers:120k PP (Hard money loan)3k Rehab170k ARV25k Projected Profit Now here's where the deal got hairy... I put this on the market ...
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I have the opportunity to buy an off market double wide manufactured home for half of market value, but because it was built prior to 1976 I can’t get anyone to lend on it. Seller is hesitant to do seller financing as...
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So my wife and I are going to talk to a hard money lender in the Charlotte area very soon. I have a background in carpentry and she is currently completing a course for her real estate license. We have a nice nest egg...
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Hey bp I'm trying to get my first deal and I was wondering if I want to do my first deal Using hard money do they usually require me to have a property first or do I find a lender willing to lend then find a deal. A...
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Hi I’m looking to purchase real estate within a year or two. I’m in the Air Force so I have access to the VA loan to buy up to four units at once. But this post isn’t centered around purchasing residential properties....
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Hi, so I have not done any real estate deals and I don’t have any real estate experience. I plan to buy a distressed single family home to BRRRR for student rentals. I’ve been studying real estate for about a year and...
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I have been considering the idea of using HMLs in the future. Not that I would plan to, but I was hoping some of the HMLs or folks with experience borrowing from HMLs could describe what happens if you default.
So fa...
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Hello,I have been looking for almost 3 months (in Cincinnati) and having a hard time finding a good enough deal that's in a good, desirable location and rents easily. I am not looking for a total gut job but okay wit...