Dewey Paxon
Advice on a hard decision (should I sell my STR in the Dominican Republic)
I recently built a large STR in the Dominican Republic. I have a few partners, but went over budget and personally funded the remaining construction costs. The STR has been successful, but I do not see me getting th...
Mohammed Milord
Should I use a hard money loan or DSCR loan for my first rental?
Hi everyone,I'm new to real estate investing. I would like to invest out-of-state on small multifamily properties. The issue is that I think I might have a high DTI due to my student loans. I don't really have any cas...
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
Hey everyone,
My name is Hadar Cohen, and I'm a new foreign real estate investor.I recently received a loan of $120,000 in my home country at a 6% interest rate, giving me the full amount needed to purchase a propert...
Neil Stewart
If I get a hard money lender do I still go through a mtg broker?
I am moving to Halifax, Nova Scotia for work and to develop my RE investing business. I am looking for a realtor(s) who know the investing side of the business. Any help would be appreciated.
Account Closed
Hard Money Loan Tip: When Applying For A Hard Money Loan, Allow The Lender Time...
Be efficient. Be patient. Be concise. And success will follow....Allow the lender time to look at and respond to your loan request. Don’t inundate the lender with a barrage of emails or messages. The lender should be ...
Account Closed
When working with a hard money lender, let the lender order the appraisal. Here's why...
Here's another tip for working with hard money lenders. Let the lender order the appraisal. Don’t think by already having an appraisal it is going to speed up your loan processing. It’s typically a mistake and will ul...
JPaul Mills
Looking for a hard money lender to fund 100% acquisition and rehab on FL deal
I am looking to get a deal funded 100% acquisition and rehab. The amount I am needing to barrow is less than 65% ARV. Thanks
Austin Hughes
Why a Seller Went from a Hard "NO" to "Yes" w/o a Price Change
Wanted to share a quick tip with you fellow BP'ers! Here's how I got the seller to go from "Nope that won't work for me. Sorry. Maybe we can do something in the future..." to saying, "That's not bad, I'll definit...
Christopher Andrews
How Do I utilize a Hard Money Lender and How much do I need Saved
So I am still in the planning stages of getting my First Plex. I found a Triplex for $75000 that is a 6 bedroom 3 bathroom 2121 sq feet on a 1-acre lot with long term tenants in place. I plan on making a deal in April...
Crosby Lee
Is it wise to use a hard money lender on your first fix and flip?
I am anxious to start flipping and selling homes. I am curious has anyone used a hard money lender to do this. Also me not having flipped before, would anyone oppose using this method with me being so novice in real e...