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Can someone explain the concept of transactional funding to me? I understand it's used for wholesaling and is for short periods of time but where do the funds come from? How do you acquire transactional funding?
P.S....
Hi all:This is my BP debut on the forums. My question focuses on local data to understand the demands (and opportunities) of the real estate market. I am reading J. Scott's book on flipping houses. In the book, and...
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In terms of companies/lenders or other creative ways to purchase a small multi-family for less than the conventional 20-25% down, what are your favorite strategies?
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I’m looking for some advice on my current property investment strategy. Here’s a quick overview of my situation:
• I purchased my first BRR rental property for $81,000.
• Recently, I completed the cash-out refin...
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If you had to introduce someone to real estate investing, which book or podcast number would you start them at? I've been listening to Bigger Pockets for years, read tons of books, watched countless webinars and video...
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I’ve heard of people getting rehab loans where you put down %20 of the acquisition price and %20 for the rehab and you get much better terms than an HML. Has anyone found a local bank in the Chicagoland area that offe...
Hi Guys,I'm looking to buy a new property to live in. I found out about modular homes recently and the whole concept intrigues me. What do you guys think ? Pros and cons? Thank you.
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Hi, I'm new to Real Estate from Philadelphia and looking to get into wholesaling. I read some books and listened to podcast to get the concept and system to wholesaling but I'm stuck on where can I find a escrow agent...
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Hi all,
I have a 401k from my old job with about $10k basically just sitting there barely making a return. I am brand new to the REI game (have my first house about to settle and looking to start a business investing...
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Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $120,500
Cash invested: $8,000
Got a new home as a primary residence with 5% down. Get the home rep...