I own 3 parcels debt free and am wanting to develop them with as little out of pocket as possible. Any suggestions on using a commercial loan vs. Line of credit vs. Mortgage. Business credit is not seasoned and I woul...
We have a family member willing to loan X at 0% + our equity for the purchase of a home for our primary residence. Property in our neighborhood is some of the most expensive in the country. We therefore would need to ...
I just got under contract for my first buy and hold in Delaware County today however I am having a hard time acquiring a loan under 50K(I have stable income, credit and downpayment). Property is 63K putting down 20%(...
I'm looking at 3.5 acres that is commercially zoned and has a small
warehouse on it. I want to construct mini storage on the lot. I would
like the forum's opinion on how I should structure the loan. Should I
...
One local HML allows up to 3 loans on his own. So that's a useful floor.If you have 10 hard money loans would that draw concern from most lenders? Trying to find out how they think about short term borrowing capacity ...
This month we have seen an incredible amount of potential deal flow come across our desk, but based on the bid results, a lot of trades are still not trading. We are seeing performing loans (Scratch and Dent) with a W...
So, with interest rates on a roller coaster and the economy doing its own thing, I'm curious how we're all wrangling cash for our real estate opportunities. Hard money, creative financing, or traditional financing?
I formed an LLC with a relative/partner to purchase, rehab and buy and hold residential duplexes in Syracuse, NY. We each contributed 50K in equity. I loaned the company another 100K as a bridge for a cash purchase an...
What strategies are BP investors focusing on in 2025?Hey BiggerPockets Community,
As we kick off 2025, I’m curious to hear from investors across the board—what strategies are you focusing on this year, where are you ...
I’m trying to buy a 4plex, but one of the units needs finishing inside to be rented. The seller priced it finished or as-is. The only lender I can find that will finance it as-is is a local community bank in the area ...