Tom Kelly
Secured Investment
This will be my first investment with a partner. I do not want to own the property at all. I just want to finance the property and take my profit and go. The LLC states and I will change this, "that mediation is the f...
Rod Desinord
Appreciate all the investment tips, but how do newbies get fundin
I think the number one issue most people new to the game struggle with is how to obtain money to fund their deals. What avenues to take, what do they actually need to present to Hard Money companies to get their deals...
John Barnes
Florida Apartment Heater Options
Hi All, hope someone has advice.We have a 3 unit, concrete block property in FL. Program we rent through (similar to sec 8) said all units have to have heaters.To give you an idea of how important heaters are, I ran m...
Alan Dunlap
Mortgage lending changes 2021
Hello BP community!Any lenders out there have any opinions on the lending changes coming in 2021? The DTI requirements are being replaced, using other factors to qualify for mortgage:https://www.barrons.com/articles...
Andrew Merewitz
Living in NYC, looking to invest elsewhere and ready to start!
Hi all!I live and work in NYC in software engineering world and really wanna start building up a portfolio of properties to have some passive income in the next 5-7 years. My goal is to be able to take a lower paying ...
Anthony Freeman
Accredited Investor Form
Can anyone tell me where to get an accredited investor form?
Koi Turner
VA Irrrl Occupancy Requirements
Requesting any useful information regarding the VA Home Loan occupancy requirement. I am located in Austin, TX and will be a first time home buyer. From my understanding, the VA Home Loan has guidelines stating the re...
Aaron Malki
20% down including reno financing standard procedure?
Hey everyone,My business partner and I closed on a deal in socal. Our HML is requesting we put down 20% of the purchase price - not 20% LTV. We are going to finance 80% LTV and 100% labor for the flip through the lend...
Carlos Sanchez
How do I get past the 6-12 month Seasoning Period
Newbie here. I just recenlty rehabbed a home and was ready to rent out but was told I could not refinance until at least 6 months. Is there a work aroud for this? What are other doing to avoid high percentage rates fr...
Roy Mitle
Trying to understand cash out refi
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...