Muhamadou Kaba
Refinancing out of Bridge Loan
I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied. Tenants are great and on time with rent payments. I have a bridge loan that is set to mature soon and ...
Jarrod Pettit
The Stimulus Package - How do we benefit? Cheap SBA Loans? How?
I own several large portfolios of single family homes (100+ properties each) and quite a few mobile home parks as well. What is the best way to benefit from the massive amount of small business loans that are about...
Phil Hucke
First go at a flip—funding?
Going into this with high hopes and plenty of newbie enthusiasm, which means I’m probably going to get a lot of “experience “. Formed an LLC to run the venture as a business, and I’ve already bought a property for 25k...
Jorge Vazquez
Home Equity Loans vs. Home Equity Lines of Credit: What's the Difference?
When tapping into your home’s value, you have two main options: a home equity loan and a HELOC (home equity line of credit). A HELOC works like a credit card—you can borrow, repay, and borrow again, making it flexible...
Bradley M. Roberts
Should we Flip or Rent?
My wife and I are entering into our fourth investment property, a single family home as opposed to our other properties which are condos. We're under contract for 115K on a 2/1 800 sqft home built in the late 40s. D...
Casey Miles
How to secure a $10k loan to someone in the middle of a remodel
I have someone that is nearly done with a remodel/flip and needs $10k to shore up loose ends, etc. They'll repay me $13k in 90 days. I don't know this person too well. I plan to have them pay for prelim title to see w...
Sandy Uhlmann
Owner Financing Addendum
When selling a property via owner financing are there any terms beyond the obvious (price, term, interest rate, late charges, ect... ) that I should have my attorney build in to the contract? I am aware of Dodd Frank....
Lee Divers
Cash out refinance for a paid off Commercial property
Hello newbie here. I have a multi use property( 2 storefronts 1st floor 2 two-bedroom apartments 2nd floor) that I bought cash with a cash out refinance on my primary residence. I plan to hold this property. It was ne...
Hunter Ross
BRRRR & Refi Dollars
I’m sure most of you have seen the recent article about the BRRRR method. In case you didn’t this is the article I’m referring to:https://www.biggerpockets.com/renewsblog/40000-brrrr-real-estate-investment/?utm_sourc...
Mark Neiger
pre approval commercial lending
So I've been looking at properties and I'm ready to start shopping for lenders. Any advice on who or where to look. Should I just Google commercial lenders, call the big guys (BOA, Wells Fargo, etc.) or go to my local...