Landon Dean
Private Money
My strategy, but not sure how it would work:Need about $30K (for 20% down payment) to purchase another buy & hold rental roughly around the $110K - $120K price range. I have two possible private money lenders and ...
Jonathan Pitts
Mechanics of a private lender mortage
Hello everyone! First post on BP and looking forward to some input. I've managed a few rentals in the past and currently own two cash flowing properties, however, this is the first time I've looked into using privat...
Anna Piruzyan
I have a found a fixer and need help 🙏
Good evening and happy mother's day to all mommies!i have found a fixer that is in the market for about 2 months, has about 10k lot, possibilitie to convert the garage into a guesthouse. The house is 1400 3/2 and look...
Franky Maslim
What's a good CoC number?
Hi all,Got a question for seasoned veterans around here. After reading some of the discussions, I'm not sure if I fully understand what makes a good CoC number. The numbers I see are around 20%, give or take some, whi...
David Rutledge
SBA loan for small hotel
Hi everyone,
I am as told to post this question here but I apologize if it’s out of place.
My wife and I have built up a portfolio of 14 strs over the past few years. We have some capital and are looking to possib...
Sam Cherry
Landlords don't need the SBA for the crisis they need Section 8
Someone needs to call the White House and each Governors Office and stop this SBA insanity.
Landlords don't need "Loans" they need payment vouchers.
Housing and Urban Development is the correct way to manage the r...
Michael Williams
Syndicating my first apartment deal with private loan from family
Do I need to contact a SEC Lawyer if I plan on syndicating an apartment deal using a private loan from family? Or would a real estate lawyer help me write up the correct contracts?
Account Closed
Refinance Example
Hello BP, another stupid question that i can't figure it out.I had read about refinance but my brain just cannot seem to calculate the figure that is shown in "Refinance" posts. It would appreciate if someone can give...
Nathan H.
Wrap around mortgage advice
Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...
Elijah Artman
Equity Question (from beginner)
Hello, this would sound very immature. I'm new at this, please bear with me.I'm not quite getting the home equity concept, can someone define it in simple terms?