Julian Buick
Question about using SDIRA for 2nd position loan
Let's say a friend and I create an LLC and fund it using funds from our own bank accounts. The LLC makes a loan to a flipper (non related) for the acquisition of a distressed property. Would it be possible for my SDIR...
Robert Beaupre
Tenant pays service provider
I have a unique situation I rented to own a single family home in mass to a relative (lesson learned). The deal was we were to refi together but because of unforeseen circumstances I was unable to secure a loan relati...
Amanda Long
End buyer funds.
Purchase agreement with wholesaler. Closing date is on February 29, 24. The “end buyer” is getting a loan but the loan won’t be finalized till after the original contract closing date. Close in escrow says it will ext...
Bret M.
Looking for a Long Term Bank / Mortage company for Investment Loans. Any Advice?
I am looking for recommendations for lenders. I want to build my portfolio with one institution, at least to 2-4 properties. I have the DTI / Salary and Credit Score to get approved for a conventional mortgage. I own ...
Chris C.
Commercial Property Refinancing
My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...
Brendan Bracken
Self Directed IRA's?
What are best SD IRA's for real estate investing? And why only $7k per year max limit for over 50 year olds? Seems a tiny amount
Thomas Bullock
Investing with a partner and making a business out of it
My friend and I purchased a 3 family home about 2 years ago. We started out by watching bigger pockets youtube videos and dove right in. I see tons of success stories and I’m trying to get myself in that position as w...
Sandra Ruiz
First Time Working With Notes
Hello Everyone,
I am a new investor and I have a client that wants to sell a hard money loan.
The current loan amount is $180,000 and it has 120 payments left. It is currently at 12% interest and she wants 8%. She a...
Ye'Chiya Harper
Options for Securing a Mortgage without W2s?
Greeting BP Fam,While saving for our dream home, my husband and I decided we'd house hack our first home. My husband's now "former" employer failed to provide his corrected W2s and his most recent pay stubs for the pa...
Erika Reed
Due Diligence Hindered by Late Loan Documents
Hello BP!I am really hoping you can help me. I have been working with a turnkey provider for the last month trying to get a deal together. I had selected a property, gotten approved for a specialty loan (I have no i...