Samuel Bavido
Building a business line of credit for BRRRR
I recently listened to one of the BP Podcasts in which the guest talked about using a business line of credit to BRRRR properties. I'm really interested in doing this. I'd like to hear your thoughts on how to go abou...
Nick Belsky
Do Private Lenders Do Something Like This?
Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...
Austin Faux
How to do Mobile Home Comps?
I've never done a mobile home deal, but I found a motivated seller. How do you comp Mobile Homes? I have checked the park rules on tenants restrictions, and basically I could lease option it to the end buyer. I'm t...
Timothy Katje
Owner-occupied cash out financing in Texas sucks; need creative ideas to get around
Long-story short, I was apparently house hacking long before I ever heard the term used. I bought my first, and still only, duplex back in 2008 and have lived in it this entire time. Long-term tenants who came with t...
Bobby B
What options do I have?
My wife and I moved from Warren, Mi to Houston, TX about 1 year ago due to graduating from college and needing to find a job. We still own a house in Warren that is severely underwater (Currently owe $115k, likely wor...
Justin Joseph
Zero Down Double Closing?
Hi Everyone,
I keep reading places that you can do a double closing, using only your buyers (the person you are wholesaling to) funds, making it a no cash required transaction. However it seems to me that to make th...
Scott S.
*NEWBIE* Want to purchase more properties minimizing down payments
First post...just learning the game. Please spell out acronyms!! THANKS!!I've purchased two four plexes in the last 9 months, the first was an FHA loan that I put 3.5% down, the second was a short sale that required a...
CL Ziegler
How to FIND land contracts?
Hi everyone,
I checked the forums... most threads are about SELLING on a land contract. I want to know how to SEEK OUT land contract deals as a buy and hold strategy. Is there a method for searching these...
Rafiq Merchant
Downpayment for second investment property.
Hi - I started RE investing this year and closed on my first investment property (brand new SFR) in Feb. The home purchase price was 235K, with a 20% down my conventional loan is around 185K. The current home value is...
Matthew Malczewski
How to have a talk about private money
Hey All! I want to have a conversation with my father in law about being my private lender. He’s more of a stock market than real estate guy. He has plenty of money and I want to help him help me so it’s a win for bot...