Hello All! Happy St. Patty's Day!I am in the market for purchasing another multifamily property, but this time I would like to consider the possibility of rolling it under the protection of an LLC. This leads me to my...
Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...
Need help determining my out of pocket costs (at closing) for this fix/flip deal below. I am confused on what i'm bringing to closing. Can anyone help? Thx in advance.purchase price: $141k
arv: $240k
rehab: $30kHard...
Is it true that down payments, closing costs, or prepaids can never be rolled into purchase price of an investment property?
I just closed on my first SFR in Memphis and was a little surprised at how much closing costs were. I have 2 more in escrow scheduled to close end of the month. I would like opinions on the costs if they seem average ...
Anybody willing to share your sources for the best terms for a cash out refinance on an investment property?
Hello BP Nation! Need some guidance on a sub 2 deal..I've been negotiating a deal to take over payments from seller. They are getting a divorce and just want out. They bought the house 2 years ago and have already don...
I've been approached by a friend who's interested in participating in our REI venture by private lending to us. Does anyone out there have any contract forms they could share with me? Thanks!
When a home is sold, and I am the lender (I do private lending), do I have the right to get the HUD settlement statement?
Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...