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I am a newbie to the REI world and I have been trying to "prepare" as much as I can with education and networking before my first purchase. I've been listening to podcasts (Bigger Pockets / Take Action - local to me)...
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Hey BP,
I'm Jay, a Real Estate Investor in Las Vegas, Nevada. I'm looking to borrow 100,000 from my great grandma to do a BRRRR deal. I'm not sure where to start with the contract. I want to make the terms of it sim...
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Hello BP world. So I am starting out with my investing. I am getting some things done, but I've come across a pair of possible deals that I want, need advice on. Both situations are similar, though they are with dif...
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Hey guys and gals,When you purchase a property with private money or hard money and go to a bank to refinance.. do you still owe the 20% deposit like you would if you had originally went with a bank lender to start? O...
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Can I get two HELOC's at the same time on two properties, assuming good credit and income. I need to pay off the private money loan on the new property plus remodel expenses. Paid $90k with $20k down, secured a $75k 1...
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I have purchased several homes over the years but now am focusing on some land. My leader said she would not assist, that I needed to contact a bank. How do these get structured Similar to a home down payment? 20% The...
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Just bought a 72 acre property to develop in Newland NC. I did a Budget /Forecast and I need 2 million for infrastructure but most Banks in the area do not do these type of loans. I need to know what route should I ta...
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Hello all,
I had a question about a strategy I see all over the internet where people raise money from a "Private lender" form the down payment on a property and then the rest they raise either from the bank or from...
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I am currently in the Seattle market. I don’t have much money to put down for earnest deposit. My realtor said the amount I put in is too small for my market.
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Hello, I am looking into my first multi family property investment, preferably a fixer-upper project. My strong suits are in renovation and interior design and would like to create aesthetics that are unprecedented in...