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Architect charged us to expedite permits, soon after we found out that we were going to need to ask for variances on the project, despite him assuring us before purchase that we would be able to change from a single f...
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Hi All,
I'm a newbie investor and very much looking forward to kickstarting my career in RE. Your help here will be greatly appreciated, and remembered!
I have been listening to David Greene and read a few of his bo...
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Looking for information on the easiest way to get approval from hard money lender if you’re an first time investor
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Looking into getting into my first flip using hard money, any tips are greatly appreciated!
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Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
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I have a house that I put up for sale by owner, I was approached by an agent telling me he has a client looking to buy my house with 25k cash and I would have to owner finance the remainder for the next 6 years until...
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We have 50k cash available for down payment and own a property free and clear so would like to make use of a HELOC either for additional down payment, Reno's OR if we have all our cash tied up in a down payment using ...
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Quick poll - How many people have borrowed against their 401k for Real Estate Investing and do you think it's a good idea or no? Personally, I act like I can't touch my 401k to stay diversified, but I have friends who...
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A Blog on BP gave the following example:The after repaired value (ARV) of a potential property is $200,000 and you can purchase it for $100,000 and it needs $30,000 in repair costs. In addition you have to consider th...
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Hi everyone,
So here is the situation. I have a HML that is willing to loan 100% of everything (purchase, rehab, closing costs, points, interest) up to 70% LTV based on ARV.
My question is, working with homes with ...