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As you all know, I am new to this real estate investing arena. My question is if I get a Private Money lender to fund my purchase, How do I make money after flipping the property if they charge a rate of 12 percent...
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I hope people find this write up helpful. I tried to be detailed without getting too long winded, but if I missed something don’t hesitate to ask. I really wanted to highlight the lessons learned on the BRRR strategy ...
Financing rental properties is a common roadblock that prevents many rookies from investing in real estate, but finding a great lender doesn’t have to be difficult! We’ve got some timely tips, tricks, and tools that w...
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Hi,I am prequalified for a bank loan and will be closing on my property I have under contract.This is my first bank loan. When do I need to wire my down payment to the title company? Can I do it the day before closing...
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I'm purchasing my first (HUD) home for $107K and I read that closing costs are typically 2-5%. I've attached a copy of my GFE here. Please let me know your thoughts.
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Hi I have a offer on the first flip property, I put for sale. I have had a lot of interest, and currently just 2 weeks since listed I have had 4 offers. Currently I have a USDA loan buyer and VA loan buyer both offeri...
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I am looking to develop relationship and possibly apply with any lender covering rental property loans based on the assets. Specifically looking for this with the intention of using them in final step of Brrrr. We hav...
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I heard a podcast recently talking about the BRRRR strategy. It seems like a great option but I have some lingering questions and hoping some of you who've had experience with this approach can help.Example: I buy a f...
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If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
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I have just spent the last 12 days in hell dealing with US Bank for a loan on a condo investment property. I would steer far far far away from them. Yes, they drew me in with a very low APR and points, but the proce...