I’m interested in finding out about the different options available for acquiring a down payment on a commercial loan. I’ve heard of the borrower taking out a loan for the down payment? Is this normal or ok? Of course...
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Do you give a down payment to a Contractor before he does work?
I'm having a hard time finding contractors that would do work without a down payment.
I feel like even with a contract, a contractor could just walk ...
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Hello Bigger Pockets community! I am looking to purchase my second property in the upcoming months. I am curious to see if down payment assistance programs are any good? I have read a few previous posts explaining tha...
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Hello All,
I have stumbled over a good equity opportunity that is listed for 110k. I have the ability to get 75% financing yet lack a downpayment. Do hard money lenders do smaller amounts around 30k? Additionally, a ...
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Hi all. I have potential tenant who's accepted as a medical student(4 years program). She has different degree but decided to achieve doctor degree. She will be full time student. Her dad approached me and offer to pa...
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My personal home is paid off and I am looking to obtain more rental property. I have a HELOC (I am going to switch back to an interest only loan) but all of the bankers I have talked to say I can not use it as a down ...
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I’m curious as to how much rent the H/A covers. Let’s say rent is $1,000, will they pay a standard amount for each tenant or is it different from tenant to tenant? Asking because if I have a tenant getting aid, just...
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Hi friends..I'm in the process of buying my first investment property and have been presented with a few loan assistant options. I wanted to get some advice on the best route to take. Each program is from a different ...
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Hello, my name is Beresford Wesley and I’m currently in the research part of REI and looking to buy my first rental property by next year. I’m currently a United States Marine and I’m stationed in Twenty-nine Palms, C...
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Hello all,
My tenant informed me on rent due day on 5/5 that they will be one week late due to Covi19. We both agreed for 5/12 Payment. I also waved the $50 late fee which they were greatly appreciated.
Today is...