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Can anyone recommend a local bank in Richmond? My bank is out of state with no local branches and I'd like to have one locally that I can easily make deposits into and to collect rent.
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What strategies are you doing in this market? Warren Buffet is betting on the homebuilders, mainly DR Horton and then Lennar, what are your thoughts?
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Our tenants will be moving out in a few months which prompted us to think about what we wanted to do with our rental property. It's only been rented out for 2 years and it's gained quite a bit of equity (approximately...
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Hi Everyone,My name is John, and this is my first (second?) post on BP. I'm in my late 20s, but only started working my 9-5 (7-4 in my case) 3 years ago and I'm supporting my fiancee through school, so I'm still worki...
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Hello,I have a triplex under contract, but my financing wont go through because its in bad shape. What options do i have to finance the property with the seller? Other options without the seller. It requires about $60...
In my search for lenders here in Nashville, it seems as though there are two options each with varying terms from lender to lender. There is usually some kind of fixed rate mortgage I can obtain (80% of purchase pric...
Hi,
My local bank said they will not refinance a BRRRR without me leaving 20% hard money in the property even if my improvements increase the assessed value by more than 20%. Seems to paralyze the BRRRR method.Can an...
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Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.
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Investment Info:
Other commercial investment investment.
Purchase price: $1,000,000
Cash invested: $200,000
78-unit climate controlled self storage facility that I bought for $1M.
Raised rents, impr...
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Hi Everyone - looking into lending options and was curious to see if anyone has used either the SoFi or SunGuard personal loans to finance the rehab portion of a flip or buy and hold? Looking through their application...