Rafael Go
Investment Property (4 unit) Line of Credit/Hard Money: ADU Build
Hello All, I am looking to build a 2 story ADU, 1,200 SF total in Los Angeles. Need to borrow $250k for construction of the ADU. Any recommendations for hard money lenders that will provide a loan for a 4 unit propert...
Brian King
First time home buyer needs help!
Ok, I purchased a home earlier this year. I got an fha loan and I borrowed 10,000 extra dollars for repairs. On my taxes can I claim the extra 10,000 dollars or just the purchase price of the home? If I claim the e...
Freddie Williams
HELOC for investment
Im looking for a HELOC for an investment property that is free and clear. What can I expect in loan to value and interest. I wish to use this to purchase investment properties for cash, then refinance using BRRR. Can ...
David M.
Rental Application Scoring System
Hello,Would anyone be willing to share his or her scoring system when evaluating applications? What variables do you consider, how much weight do you put on each variable, etc.?We have a portfolio of lower-income ren...
Chanise P.
Finding funding for FHA quad
Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...
Junior Silva
New LLC, business line of credit with bad personal credit?
Is it possible to receive a business line of credit using just your EIN with a new LLC? If so, what steps would one need to take to achieve this?
Danny S.
Buyer with Potential Seller Financing for Flip
Hi all,
I have a "deal" that has been presented to me and I would additional thoughts and perspectives regarding the terms and such leveraging seller financing.
The property is a single story, SFH 4br, 2 bath (no ga...
Matthew Terry
How to form a JV with family?
Hello BP Mates,My mother-in-law wants to partner on a SFH with me. The strategy for me is I'll have 50% equity and profit sharing (and expenses) but the conventional loan will only be in her name so I don't use a mort...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
Pradeepan V.
Solo 401k investment question
HiNewbie here. Awesome forum. Love reading great posts. So this is my situation. I have a Solo 401k trust account established through mysolo401k. I have got my EIN too. They have been very helpful in answering my que...