Mary Clark
refiancing 7 houses to a lower rate
I am in a quandary. I have 12 SF homes in the Houston. I have some that are paid off and some close to paid off. I have 7 homes that are owner fianced that I need to get a competitive mortgage rate on. I do not kn...
Brian Volland
How Do You Force Appreciation/Finance Reasonably priced MFRs?
Posting here because it's really a financing question. I've found a few properties in my area that are "retail priced" but have areas that have been ignored by the seller which could improve cashflow to a worthwhile l...
Keith Schulz
Helping Tenant Improve Credit
Hi,
I have a former tenant that would like to buy a house. Currently this person has almost no credit history. He has never had a credit card and has never had a loan. He had a couple of outstanding gas and electri...
Tyler Cook
Self Directed IRA Funds Available to Experienced Investors in Need of Capital
Hey BP!I am interested in lending IRA funds for real estate projects to interested investors. If you have taken private money or hard money loans before, I am happy to hear about your experiences and any feedback you ...
Chris Martin
It's not possible? 850 FICO for a RE investor?
Many years ago, decades actually, people with high debt loads, like us real estate investors, could not achieve high credit scores. The algorithm would limit scores based on arbitrary absolute numbers, like $2,000,000...
Devin C.
Using fha loan at 3.5 % down then after repairs, cashing out the equity for investment?
Hey everyone, so I'm not sure if this is possible or not, but I figured this would be the best place to ask. Right now I believe the only way I can obtain a loan for a mortgage is to get an fha loan. But they require ...
Alex Lam
What rehab is better than the other??
SupHi all , I am a newbie at this. So please correct me if I have the wrong idea.. any suggestions are greatly appreciated .. I am in my 5th year of my FHA single family.. I am looking to re-fi soon into a conventiona...
Janet Taylor
Need advice whether to sell my house or rent it?
I am a 61 yr old woman who owns my home outright. I decided to rent my house and garage apt last Nov. for a combined $2200/ month while I visited relatives. Their contract will be up at the end of May. This has been m...
Jon K.
Better than BRRRR: The BRRR Method
Bold title I know and I'm sure it's been posted about before but what else do we have to talk about right now? I've done a couple of deals lately using this method which is similar to BRRRR with one important distinct...
Aaron Froggatt
Private Bridge Construction Loan Middleman
We have a seller lead looking to sell their home later in 2020 to free up cash for a construction loan to build a new home that will then be their personal residence. After the sale, the couple wants to rent the prope...