I'm in the process of refinancing a hard money loan. I bought a nice property, fixed it up and it is now rented on a 12 month lease. So far so good.
the original appraisal was for 90K, and I borrowed 50K. The...
Hi fellow BPer's,I'm a longtime lurker and podcast listener. My first post is a panicked one! I own a duplex in Boston that is my primary residence, have completed 1 flip on my own, and been apart of 5 others. I ha...
Hi All - I own 5 properties in total, one of which is my primary residence. I'm looking to obtain a HELOC on my primary and the lender that holds the note (Wells Fargo) declined my loan application for a HELOC becaus...
So I was quickly talking to a friend of mine today who is a Sr mortgage development offocer for Santander bank. He told me that he can originate loans for someone holding up to 10 loans. We really didn't get into spec...
Could anyone point me in the right direction?There are two markets i'd like to invest in with the syndication route.One is the midwest where i already have a large personal portfolio.Second, i'd like to invest in hote...
Hi friends!I'm in Snohamish County, WA. I have confirmed with the county that an D/ADU is permitted on the property. The HoA says no. Here's the thing:- State and local government permits ADU's and the structure we wa...
Thanks in advance. I have zero financial background, and I’m trying to wrap my cranium around the finance part of BRRRR.
Bottom Line Up Front (BLUF): if I use a personal friend to loan me money to buy my first prope...
Hello BPers,I can't thank BP enough for the motivation it gives me every day to pursue my real estate dream. It is a great platform to learn and be motivated.I'm in a situation where I'm under contract on a SFH and I'...
Hey all, As the titles says i'm looking for any advice, guidance, and guidelines when looking for investor friendly generals contractors. This will be my very first fix and flip at the ripe age of 23 so all comments/g...
Looking at buying another property; we have 58k a year in W-2 income but the rest is either 1099 (mine--probably about 50k this year minimum if I do nothing for the rest of the year) or else property income (currently...