Luke Lawrence
Lending on 8 condo units
I am looking at purchasing 8 condo units to have as rentals. The owner wants $750k for all of them. They are all worth about $900k if individual appraised. I discussed with him about owner financing. I stated if pay h...
Armando Alvarez
Looking to Refinance before 6 Months in Memphis, TN
Hey All,I'm needing a lender that will service in the Memphis, TN area. I don't have a property yet - will be investing in single family homes - but want to have a lender lined up for the anticipated refinance before...
Matthew Wright
Building on owner financed land
Would it be difficult to owner finance land and build complex on it with private/hard money/ bridge and then refi out land owner? Im sure its possible but unsure if it would be difficult because 1st position 2nd posit...
Noah Davis
Conventional Loan/ Flipping
Hello Everyone,I am new to flipping. My question revolves around financing. Say I found a great property to flip. Can I use a traditional mortgage loan to flip real estate? Example below. Purchased price: 40k Rehab co...
Bryce Shortall
Seller Financing Success in Central California?
Hello legendary BP members! I am still new to the REI world but for the past year I have been trying to be as active of a learner as I can with listening to the BP podcasts and reading the classic rotation of real es...
William Silva
Fix-and Flip (Rehab costs, Downpayment)
Hello BiggerPockets,Thank you in advance for any input you might have.I plan on purchasing a distressed property with hard money. 2 questions.... 1) How can I obtain 100% financing for the down payment as well as the ...
Bob Mazza
Investment Property down payment question...
I have started to shop around for a new investment property to add to the portfolio but wanted to be sure that I had a clear understanding of what my down payment would need to be. Below is an outline of what we have ...
Christina R.
Can't see outside the potential box - what do you see in this scenario?
BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
Sergio Aguinaga
Private/hard money lender aftermath
Hello. My question is pretty straIght forward. Say you find a good rental property and your private/hard money lender approves it. So you pay 20,000 and borrow 70,000 from a private/hard money lender for purchase and ...
Patrick O'Brien
Owner carry success?
Watsup BP-
Looking to hear some success stories regarding seller financing. Have you ever done seller financing? Thinking this may be my best bet to starting out as I have money but no income to be able to get a loan...