Jay Hinrichs
Saved the deal in world record time some positive news
We got a referral from a well-known BP member and business owner.. He referred one of his clients that was in a closing pickle.
This client has a small fund and was having problems with getting loans from senior lend...
Mike S.
Securing my position while helping homeowner qualify for a loan
Hi BP community! I have a homeowner who has received a home passed down via a trust and then deeded it to herself as an individual directly. The home previously had a reverse mortgage and since the transferring of tit...
Mark Harris
Looking to create a cash flow positive real estate business
Good Evening everybody I am new to the community and the industry. I currently live in southern Maryland but have previously lived in Baltimore and I think that is the market that I will try and target as I get start...
Albert Brown
How did you first get into the position to invest?
I’m a dad with a non-working wife and a son. Not much more to add.I’m working as an SEO and another job, and I want to become an investor. How did you get started with investing?
Henry Der
Paperwork for 1st position loan for as hard money lender
I purchased a property this year. Was having rehab work done, but project and budget has gone off the rails. Seller will buy back the property and assume all debts going forward. I will hold a first position loan...
Mauricio Ramos
2nd position multi family loan for repairs Texas small complex
Hello,Could you please advise on how to find a private lender that is willing to lend money for repairs on a multi family with a 2nd position as security? I know that lenders see this as more risky, so my questions is...
Ricardo Cristobal
I feel stuck in my position, fairly new to REI
Hello my fellow BP members,So to keep if short and simple, I bought a single family home a couple of months ago and currently house hacking, which allows me to pay $0 out of my pocket. The reason I feel stuck in my po...
Gentry B.
Hard Money Loan - What if I'm not in first position?
I was asked to do a hard money loan for $60k. The borrower needs it for a bridge loan to finish a rehab. There is already a $180k hard money loan in first position. Is it wise to make that loan, and if so, how do I...
Mike Campion
Buy & Hold in the Phoenix Market With Positive Cashflow?
Hey all, I am looking for buy and hold in the greater Phoenix area. Any feedback on how to get positive cash flow properties in Phoenix without putting more than 20% down. I am having a hard time making the numbers pe...
Wyatt Simon
Looking for a Property Management Position in/near Fort Collins
Hello BP! My main goal of the next year of my life is to gain more experience in the property management field, and build my personal portfolio through mostly owner financed deals. I just sent in my letter of resignat...