Mason Jenkins
Flipping using OPM, HML, no secondary funds
Hi all,Let me preface by saying I don’t want to wholesale and I’m sure everyone can imagine why. My dilemma is raising capital to fund the project. Hard money loans will cover a certain percentage of the cost, but how...
John Edwards
Where to post contract flips and solicit hard money lenders?
I have a property under price agreement that I would like to proffer to hard money lenders and/or solicit takers for a contract flip. Is there one central clearinghouse to list such a deal? I would like to sketch the ...
Tom Heidel
Note Portfolio Software
I'm looking for some suggestions for mortgage/loan portfolio tracking software or spreadsheet solutions. I'm looking for a few specific things.Scalable from 25 to 100+ LoansLoan-Level and Portfolio Analytics (present...
Michael J. Beasley
Is this lender just blowing smoke?
I recently signed up for a 0% APR credit card. Shortly thereafter, I got a thing in the mail from a local lender saying that I qualify for their discounted rate program: a $726,525 loan at 4.15% APR over 30yrs. I made...
Galen Heckathorn
First Small Multi Family
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $660,000
Cash invested: $207,000
3bed 2.5 bath with a 1bed 1 bath Granny over the garage
What made ...
Tay Rosario
PAID in full, started foreclosure (confused)
I am working on my credit and I had disputed late payments on my credit report but wells fargo will not let up. My home was never in a foreclosure. They started fortunately I sold my home before the home was foreclose...
Cassidy Burns
First Rent to Own- Need help
Hi BP,I have a current inquiry of someone wanting to rent to own 2 different pieces of property that I own. I do not have any current experience with rent to own so any advice is appreciated.The numbers:Property #1: ...
Manasseh Arnold
REI Newbie: Pros + Cons when getting lending out of state?
I am planing to purchase my first multifamily property in which i can house hack by the end of 2020, i am looking to purchase the property with a 0% down VA home loan. I am 25 and currently deployed overseas. Ive lear...
Cassidy Burns
Rent to Own- How to set it up
Hi BP,I have a current inquiry of someone wanting to rent to own 2 different pieces of property that I own. I do not have any current experience with rent to own so any advice is appreciated.The numbers:Property #1: ...
Nicholas D'Andrea
House hack Question for rookie
Hi BP Community,
Just purchased a home and posted rooms for rent to house-hack. College friend was supposed to move in and bailed. With dealing with unknown tenants, any recommendations? I'm utilizing hotpads (via ...