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Hey all,We received an offer on a property today in which the buyer is using a USDA loan, a product I'm not very familiar with (but will learn). To cut to the chase, is USDA similar to a VA loan in that the buyer is e...
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Hello BP community! So, I have 2 rental properties, both under my name (and my husband's). We have a series LLC in Nevada and are planning on moving the properties to that. Speaking with our lawyer, she suggested we p...
Hi everyone, I have a question for all of you today regarding bird dogging. So since I may be nearing a close on some deal, how would I make sure that I actually get payed? Is there anything I should do like a contrac...
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Any help, tips, or any other comments on the below would be greatly appreciated!I have a few family members that are willing to give me a private money loan at 10%. I will pay 10% interest for each month their money i...
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I've been looking into the ground rent system recently. (If you've never heard of it, google it. It's a fascinating and completely messed up system that's leftover from Maryland's colonial days and is in serious need ...
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I wanted to get the community's thoughts on my financing strategy. It is as follows:
-Getting a $25,000 home equity loan through credit union.
-$25,000 loan will be used for money down on hard money loan.
-Hard mon...
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Where do you find serious buyers that purchase NPNs/Commercial property. I don't want to deal with "tire kickers". It seems like everyone just want to circulate your list and it comes back to you with an even BIGGER p...
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Hi All,I'm located in Appleton, WI, which for those unfamiliar with Wisconsin is in the Fox Cities, about 30 minutes south of Green Bay, WI.I am looking for clarity on several things, for I've been wanting to get my d...
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so i'm approved by wells fargo for 145,000 with 25% down. my rate is 4.875%. buying in the scranton PA area. paying no points. and here's the kicker which i feel is insane...$10,059.86 for closing costs and prepaids ?...
I am buying my first rental all cash for 45k and am wondering how I can go about getting the cash back? I am running into a few problems that the banks are having with Non owner occupied properties.
The loan officers...