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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $88,000
Cash invested: $10,000
Rent to Own Contract .
Purchase price : 88K.
Down Payment : 200.00/Month Installmen...
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I am looking to become a real estate investor I am inexperience but knowledgeable to an extent. I was instructed to go online to locate and articulate to private money lenders in writing a lucrative business deal as ...
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My husband and I are new(er) investors and have a question about banking. I have banked at a larger bank my whole adult life. I have my personal accounts there and just recently opened up a business account. Each of...
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Hello BP Family, I've been meeting a lot of great people in this industry. I recently met a couple of private lenders that offer 4% & 5% rates with a six-month deferred payment plan with no pre-payment penalties. ...
New to investing in real estate, and want to buy an investment property. I am recently self employed so I do not have W2 income to show. Have HELOC to use as down payment, great credit, and a good amount in my IRA. A...
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Hello,
Currently looking to purchase a multi unit 2-3 flat in Chicago. I was told that they are currently not doing 203k loans due to the COVID-19.A friend told me that might not be true realtors just don’t get a lo...
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OK, I need to get licensed under SAFE as a Loan Originator to do seller financing deals. But I don't want to be a Loan Officer.
So I go ahead and go through an online class to take the test. No problem.
But then whe...
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I have read online and on some older forums on here that you can use a home equity loan for a down payment for an investment property. However, my lender is telling me no. Can anyone verify this?
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I have around 100k in debt spread across multiple credit accounts that is currently at 0%, but that is starting to come due and high interest rates will begin to kick in. I'm looking for a consolidation loan to put a...
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So here is a watered down summary of my plan, let me know if this is a viable idea. I am open to any suggestions from experienced investors.By March of next year I will have 40k. I plan on using 20K to secure my first...