Jamie Gruber
Advice on offering on multiple properties
I have a potential opportunity to acquire multiple properties from a single seller and wanted to get some advice from folks. This would be my first time attempting this.
The properties are 4 duplexes (8 units) that ...
Zacharee Carmack
Heloc for investment properties
Does anyone have a bank doing HELOCs for investment properties? I think I am sitting around 80% LTV currently.
Christopher Beasley
Should you buy and hold even if it doesn't generate cashflow?
I am using my VA loan to purchase my first 2 properties. I'll be using my whole entitlement of $675k (based on my location), so one house will be 320K and the second will be about $320K. I plan on buying the first thi...
Jonah Walker
First Time Investor- Is this deal worth pursuing?
I found a property listed on Zillow at an asking price of $179,999. It is a duplex with one side being a 3/2 and the other a 2/2. The building has a new roof, Installed in 2017, One side of the duplex has been remodel...
Oraude Boston
Quit Claim Deed to be used as Creative Financing.
GA BP:
I Guess this would be some kind of seller financing/creative financing and need solid advice.
So I have a seller who lives out of state in Florida and own a bunch of real estate in New Jersey. I've closed on...
Jason Hatfield
Combining Hard / Private Money Lenders & Seller Financing for BRRR
Hello BP!I'm looking at a deal that would combine these two methods but I'm unsure if a HML or PL would do the deal as they would have the second lien position. Does anyone have experience doing this?I would put 10% ...
Account Closed
How Sub2 used promissory note?
I know we can use a promissory note to pay the seller during the subject2 deal because the property have equity and positive cashflow but how do i know in the next 5-15 years i will have the money to pay back the sell...
Stuart M.
90-95% HELOC with desktop appraisal or low/interest only payments
I'm not interested in solely "the best rate" but I'm interested in HELOCs with good features.For example, some banks/credit unions/etc do 90-95% CLTV HELOCS with a desktop/automated appraisal. (The property is in Pal...
Lori Souza
Experience gained in moving & rehab of manufactured home.
Investment Info:
Mobile home fix & flip investment.
Cash invested: $300,000
Purchased a vacant residential lot and a used 2004 Manufactured home in 2 separate transactions. Made necessary improvement...
Charles Stubblebine
HELOC
What do you have to pay upfront to get a HELOC? And is there a certain amount of the original mortgage that has to be paid off in order to qualify for a HELOC?Thank you.Charlie