Hello BP,Just found out I have access to a $50,000 line of credit at 7% interest. I'm pretty sure that is a pretty solid rate. If you know of anyone else with better rates, please let me know.I've been thinking about ...
Hi BP community,I'm having some trouble putting some offers in as just about all the listings in my area need proof of funds before considering the offer. I had an analyzed property and offer written but in middle of ...
Hello all!I just made an offer on my first multi family rental in Ft Worth TX (Terrant County). I am hoping my offer will be accepted because I offered a good amount below asking price. I am however, optimistic that t...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Lexington.
Purchase price: $7,700,000
Cash invested: $50,000
This is my first investment apartment syndication inves...
We went to refi on a property and got through everything and the property appraised lower than planned. The issue is loan depot will not go below 60k after 25% down on a refi, and the house appraised at 71k.I am wonde...
I have a few properties that are owned outright. Total value somewhere around $1mill-$1.25mill in equity. I am seeking to obtain a line of credit for these so I can tap into that dead equity. My local banks will only ...
In the last 3 months we have had 5 properties appraisals come in under contract price. Altogether we are going to leave ~25k on the table after negotiations. In the prior 3 years we had zero properties not hit contra...
I have come across a deal that seems promising. The owner wants 17k for his sfh and will finance. After researching I noticed "7k in delinquent taxes". The value is 26-27k, with that being said my partner wants to off...
As a novice in the real estate investing world, I'm looking for a way to get my feet wet in the business. Don't have a ton of money but have plenty of time, so one effective strategy that I've heard is to drive for do...
My home had it's day at the auction and it'd now owned by the bank. So today I get my notice on the door reminding me that the bank now ownes the home and to call to discuss possible "CA$H 4 KEYS" This whole foreclos...