Hi all, I was wondering if lenders have been relaxing their down payment requirements for residential multifamily properties.
I saw this company First Commerce Financial has a 15% DP program (I'm pretty sure you end u...
I am looking to make a rule of thumb of when each material is used.I've installed around a hundred better-quality, custom-fit vinyl windows so far. I have not personally installed any wood windows.On a project I'm w...
I gave a contractor 50% upfront to renovate a condo (my mistake) and they are dragging their feet to start renovation it’s been 8 months. They did take out dry wall but that’s it. What can I do? Thank you
I am selling a house and a friend of mine is offering owner finance up to $133k. I sold the house for $142k. The buyer needs a $9k down payment but they only have half of it at closing and the other half 30 days after...
Hi BP community.I am a relatively new real estate investor, but I have been a full-time attorney (litigator) for almost a decade. I am about to start my first flip, and had done research into what to do if a mechani...
I've come across a few multi-family properties that are listed as cash only. They list their terms as:
[i]Payment for the full purchase amount plus the closing costs are to be wired within 48 hours of an accepted o...
I am at a point in my REI business where funding deals is the critical path. I am finding potentially good deals but I am not making offers due to the lack of funding. Any suggestions would be appreciated.
Do you think there will be a shift in hard money and other investment loan interest rates on average as conventional mortgage rates continue to rise? Im in the Atlanta market and from what I see hard money interest ra...
I'm planning to do mailers to pre-foreclosures. I'm reading in the forums that many use a once a month strategy as a general rule but does that still apply to pre-foreclosures since the potential seller's timeline m...
Hi BP! I'm an experienced investor (3 MF deals) with excellent financials and credit. However I'm having a hard time getting any decent rates among community banks where I'm looking to purchase apartment deals of 5-20...