Nathan Shankles
Where can I get a HELOC on an investment property?
My wife and I just bought our 4th property and we’d like to pull a HELOC on one of our investment properties as backup for our reserves and access to capital for financing deals. But we don’t know what banks offer HE...
Tim Matthews
Pay a hard money loan
Hello, all.I have been pondering many ways on funding a purchase when I get ready to begin buying rental properties next year in the Chicago area. One thing I can't seem to find an answer for (because it may depend on...
Charlie McVan
Investor splits (how to divide who has what share)
We are investing in a one parcel, 2 home property (Cleveland) and wanted some feedback on how, in fairness to split investment. Here is the scenario, my parents are putting up down payment and closing costs, my wife a...
Joseph Bagley
Looking for recommendation of a Bank in San Antonio for a BRRRR
Could someone recommend a bank they used for a BRRRR in San Antonio? I'll be an out of state investor.Found an owner finance deal. I'm planning to rebuild the house and repay seller. Once house is rebuilt I'm wanti...
Antwaiyn Smalls
PRIVATE LENDING QUESTIONS
Good Morning Family,I am reaching out to get some information and guidance on Private lending. I have inquired to a few private lending businesses that provided some information on their lending instructions and pract...
James Fowler
Tenant near eviction dies, daughter not on lease lives on
Tenant was working respectfully towards repaying $4800 rent bill. She even let us do a inspection, and was clean and took care of her place with pride. However we did find out there was an adult daughter living with h...
Jay Hinrichs
BP community let me know if you think this is a legit lender
I got this in my inbox on BP would you respond to this and think this could be what your looking for in a private lender.???Hello,Have you been searching for a legitimate loan from a private lender with no success?Se...
Rick Howell
Hard Money Loans: What You Need to Know
If you are new to property investing, you may be familiar with the term “hard money loan,” but you may not be aware of how it works. In general terms, hard money loans come from a private individual (or group of indiv...
Christopher Perez
50% of Loan Requests get Turned Down Due to Improper Packaging
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Julius Clark
Hard Money Lending
My brokerage is connected with multiple hard money lenders, and I know that some of our agents work with investors that frequently use hard money. I notice that those investors are the ones that are buying more freque...