Lance Borden
Making the numbers work
BP nation,In my market, turnkey (rent-ready) homes are going for $140K - $150K and renting for around $1 per sf. Now - you can get a distressed property for $110K - $120K, but by the time you fix the foundation and gi...
Rolando Caceres
Is this common for hard money lenders?
So i have some one who i know is legitimate and just told me what he can offer me. His offer is i pay 10% of property and he pays the other 90% with 9%-9.5% interest. And he also pays 100% of the rehab. Im just wonder...
Kelly McKenzie
Cash-out refi of an investment duplex in Texas
Help please!I am trying to do a cash out refi on an investment property I own in Dallas, TX. However, I just spoke with someone from Quicken Loans in Texas who said it was impossible/against the law because you can't ...
Bill Gulley
Private Lending Mistakes
For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
Mike Smith
Short sale back to self
Bank of America has declined my modification request three times without legitimately. I know this is true but that is another topic... I am trying to save my home. It is in the process of a short sale. I have an inve...
Andrew Robison
Buying a Fire Damaged House
Hi everyone. I have recently received a call from my first drive for dollars letter to a seller. Go Me! Obviously it couldn't be easy for my first possible lead and i have a lot of questions as this is like nothing...
Matt Sturm
Made an offer on a bank owned propoerty
Hi- I've made an offer on a bank owned property. I was then asked to give my highest, best offer. I provided that (only 20k away from their asking price) I just received a notice that they countered at 1k less tha...
Mike Favors
Best deals on supplies, appliances, materials, etc
I will shop for bargains as I believe a penny saved is a penny earned. I am in the Oklahoma City area and am wondering where people find their best deals. For cabinets, Cabinet Outlet on 10th and Reno seem to be ver...
Britt Smith
New Investor: How do you maintain a good credit score if
I'm embarking on my BRRRR journey but keep getting stuck with the same question. How do I refinance the houses I plan to acquire without constantly taking a hit to credit due to multiple credit pulls?
Stephanie Ford
What are your challenges in applying the BRRR method?
Most of my properties I buy cash and do the rehab myself. I recently bought a property with owner financing then I applied the BRRR method. The banks have the upper hand in my opinion when doing this. This is becau...