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Hi BP,I'm planning on partnering with someone on a future deal, the issue is they will be the one supplying the down payment which will roughly be $50-70k. We're going to do a simple 50/50 equity split on the ownershi...
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Dear BPers
If I decide to go for a deal with three duplexes sold together, should I apply for residential loan or commercial loan?
Am I right the first step is to meet portfolio loan officers in local community ban...
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Can someone explain the options for cashing out money from an individual stock to then invest it in real estate? My wife was given a lump sum of stock in an individual company (Big corp./low risk) that a family membe...
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I just read a post here from a gentleman asking for a lender who would either lend on the down payment of a house, or lend on the entire purchase of the house.
The responses were mainly that there are no hard money l...
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We currently have 5 properties with 9 doors. Three of them have mortgages that are in my name. We have lines of credit on 3 of the 5 and I'm trying to find someone to give us lines on the other 2. We also have been...
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If I want to owner finance to someone who will be rehabbing how would you suggest I give him a break so he can buy materials?Down payment with 6 months free rent? I still have to pay my lender those 6 monthsDecrease t...
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Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
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I have done a about a dozen residential flips this last year, some I intended to hold but due to market (Tampa suburbs) prices rose fast and I had a chance to get out of some class C / D properties with some good prof...
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Greetings All!
I’m brand new to the forums as well as being brand new to the business. I’m really looking forward learning from the collective wisdom from the members of BiggerPockets; someday I hope to be able to p...
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We currently have a few commercial properties in Georgia with $0 debt. Looking to acquire more flip properties and do some maintenance on other properties. Looking at about a $300,000 loan on a property valued at appr...