I have my eyes set on a property (Bank Owned) that would only accept cash offers. Bank wants to sell only to owner who would reside there. In your experience, does this eliminate lot of competition and increase scope ...
1-open bank acct for LLC
2- take out personal loan and put funds in LLC bank acct
3-use private money lender to fund 90% of purchase&rehab (no pymts for 90days)
4-rehab, flip in 60-90days
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Im looking to close on my first real estate deal... It will be a "buy and hold" 4unit... we are putting together creative financing and Ill need an additional $7k to make the deal happen... and I will make consistent ...
Ok, when acquiring a property using a hard money lender how is it actually structured? I understand its typically a short term high interest loan but how it is actually arranged? I assume it works like a personal loan...
Hey everyone,This is probably a silly question but could I take out a personal loan ,for instance from lending club, to cover the money an HML won’t cover?
Hello! Just starting in the rental property world. Would love to find a good investor friendly lender in the Ogden area. Probably going the HELOC route. Thanks,Amy
So I purchased a house 2 bedroom 1 bath about 1 year ago I have very little money I was wondering if it would be a good idea to have an appraiser future project what the house will be worth if I add a master bedroom i...
I am looking to make my first acquisition, a single family property in Binghamton, New York. The property is a 2 bed 1 bath turnkey located in a prime student neighborhood. I am seeking a personal loan to make the ini...
Hello BP Community!My wife and I have been BP podcast listeners for the last year and are very thankful for this community of great people. Most recently, Scott Trench’s book Set for Life really hit home for us. We've...
Need help/advice.I found a good deal with a tenant already living in the SFH. I want to BRRRR it(maybe holding off on repairs) but have hit some road blocks. I have the deal under contract now and am starting to talk ...