I have been struggling to find someone to refinance a fully tented industrial building of mine. I was originally looking for a 75% loan to value. For a reasonable interest rate, knowing today’s markets. I’ve been told...
Hi , I’m thinking about buying my first investment property and I was wondering if it’s a good idea to ask for a personal loan so I can use that as a down payment?
Hello BP community!I'm about to make an offer to my very first RE investment! This is a sweet deal for a 20+ acre farm land which also has a duplex rental already with tenants in it. I am planning on using creative fi...
So I was a bit naive with my first investment overspent. Bought a 815 sq ft 2/1 1950s in a great area back in 2017 (still primary home) with the idea of fixing it up. I went a bit overboard, but market helped and I’m ...
I have different loans and I want to know how they will affect my DTI
1. Seller Financed: I don't see any verbiage in the loan document that made me think this is personally guaranteed. Do the taxes and insurance on...
Looking to invest in rental properties. I’m interested in properties between 30k-50k, but having trouble financing that amount. Tried conventional, they say the amount is too low and too big a risk, tried personal loa...
Has anybody here taken a loan out specifically for repairs on a rental you own, with no plans to refinance immediately after or in the near future?If so do you have any contacts for private lenders that will lend on r...
Not sure I am posting this in correct forum.
I am buyer in this situation:
My seller just went through a divorce and husband is not cooperating. Both names on title. Wife now has court approved authority to sell wit...
Greetings BiggerPockets community!I have what I believe to be a rather strange situation on my hands. I am in the process of purchasing a primary residence for myself and my significant other. We are doing a 203k stre...
I am looking to buy a investment property with 50-50 partnership. the other partner is not in the position to contribute to 50% so I am trying to structure a deal such a way that it is beneficial for both parties. I w...