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Hello all,I'm Eric and I'm trying to get involved in real estate here in the Fort Worth area. My father is a general contractor back in Kansas and I grew up working with him some, but only really seeing a glance of w...
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Hey everyone! I am looking for anyone who may have recommendations on lending options for those who do not have a substantial income on paper. I manage/bartend where tips cannot be counted for a typical bank loan and ...
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Hey BP - The hard money lender that I have built a relationship has an experience requirement for their new construction loans. To get the financing you have to have preformed 5 successful new builds, to prove you hav...
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Can the BRRRR method be used to purchase a property that will be used for a Personal Care Home for elderly people?Method - would be to buy the property; renovate the property to make it accessible for the elderly; ren...
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I’m looking into investing in STRs in Myrtle Beach. Can anyone tell me if they have experience with owning and renting a unit in a “condotel”, good idea, bad idea, why?Also, is it better to be near the beach or near g...
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What is the best way to go about financing a smaller multifamily deal (10-50 units) where we're planning to bring investors in? Previously, my partner and I have acquired an 8 unit building where we brought in an inve...
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So I’m wondering what you guys thoughts on LOC are. Basically they are a way make a cash purchase, finance the rehab, then after I could refinance and clear out the line of credit. Not as much dealing with lenders, ca...
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Although there are great benefits to being a 1099 employee, borrowing is proving difficult. I need to borrow 20k for a Reno of a cabin in the Allegheny mountains. I went 1099 in January (less than 2 years) and conve...
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Jim Miller , Nampa Idaho, retired school teacher. (Industrial Arts) Former craft and hobby store owner, siding and roofing contractor, and tax preparer. I purchased a 'fixer' in 2010 with help of hard money lender,...
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Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...