To my knowledge bridge loans are used for fix and flips. Would cost segregation benefit properties lended on bridge loans at all or would it be pointless?
Can anyone recommend a Bridge Funding source or Investor interested in providing bridge loans for building single family homes and waterfront condominiums in the Bahamas? Funding needed for 1 year term with strong ret...
Hi BP,
A partner and I have locked in a 10 unit property. We have tried several banks so far and are unable to find an underwriter willing to give a 30 year commercial loan at this time due to COVID and the PPP lo...
Greetings. I wanted to share an unintentional success story about doing a live-in flip.2 years ago, my spouse and I was in the market to buy another house. We wanted to be cheap, so we bought a foreclosed house for ...
Hi all! I am excited and happy to be a part of bigger pockets! My friend, Hannah, and I had been thinking of partnering up in real estate investing for a while and are finally ready to pull the trigger this year! My ...
I'm curious how banks looks at DSCR for properties that are value-add. Specifically, a property where there is not any significant cap-ex, simply gross mismanagement.
ie. The market is NOT over-saturated, but rents a...
So I have been wondering, I recently listened to a podcast (I can't remember the specific show) and the guest on the show had done the BRRRR strategy over and over again and within three years he had close to 50 units...
I've been trying to buy a trailer park, they didn't accept my owner carry or bank financing offer. They are currently over valuing the park and it looks like the only way to get a good deal is to utilize a hard money...
I've heard a few things about a six month time period before you can refinance. I am not sure if this is just for refinancing a conventional 30 year loan into another one, or if it applies to refinancing a private/har...
For my next project I am selling my house in Arlington, TX and am looking for a quadriplex!
I'm looking for something less than $900k in which I can live in one unit for at least a year to qualify for VA financing/p...