We did a live-in flip and went under contract with a buyer on March 21st. Under contract for 119.9k. We haven’t closed on the house. It sounds like the bank has not approved the buyer’s loan for financing. They added ...
I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...
I am trying to help a friend out. They have 2 mortgages on their property (150k primary from property purchase and 220k secondary for rehabs) with the home now valued at 435k-465k. They are looking to pay off that sec...
Hello,Looking at option to buy from foreclosure auction with hard cash loan. Can anyone tell me what the process/timeline is to refinance and pull the cash back out to pay back the private cash loan? I plan to owner o...
Well, after a couple months of non-stop education and immersion into everything real estate, I think my partner and I are ready to pull the trigger on our first deal. What do you guys think of this deal?
3/1...
Would the County know our property is a 4/2 and not a 2/1 as is recorded
We have a buy and hold that we'd like to pull out cash from. When we purchased it was on the tax books as a 2/1, however, the previous ...
after a little analysis paralysis, a little disappointment, and a lot of searching, I think I'm finally ready to get my first rental property. I need a little advice on the process though. I will be paying cash and...
Hey BP community, I have a quick question. I have property that I inherited and currently live in. I just graduated college, and I am in the job search currently. My buddy owns a 4 flex outright. However, he just star...
Hello All,
I apologize if this has been discussed in the past as it seems like an easy question to answer but I'm hoping to get some general help and possibly even a specific referral to a lender that could help me o...
I purchased 4 SFH's in Kansas City in an off-market deal last week under my LLC. I bought my first rental property in April of 2016 under my own name. My 4 SFH deal, my homes were purchased for $177,000. They appraise...