Shera Gregory
How to structure a small short-term loan for SDIRA deal
I plan to enter into a deal using my Roth IRA funds which are invested in an LLC with checkbook control. I have about $67k available. Including some cushion for contingencies the deal will probably require about $72k....
Lorraine Patterson
Closings cost on an investment property....
Hello fellow BP’s, I’ve been pre-approved for $200k loan, but closing costs seem a bit high, does $16,000.00 in closing costs makes sense, the bank officer at Quicken Loans said the closing cost on investment properti...
Kenny Tan
Banks vs credit unions for refi
I have been out of the refi market for too long and now wanting to refi some properties, including our primary residence we bought in 2012.
I listen to Clark Howard, he’s been saying don’t bother with the Big Banks. ...
Azah Che
Newbie with Owner Finance deal.
Hello BP Family Azah here. So I've just put the first property that I'm going to rehab under contract. I'm excited but worried at the same time. The deal is structured like this, ARV $228k Repairs 45k owner has a loan...
Chris G.
To Refi or Not to Refi
Hey everyone!Here's the deal. I have looked all over and crunched the numbers and wanted to see what the overall consensus is on a FHA to Conventional loan to get PMI removed. Since I put less than the required amount...
Bret Ballard
legal requirements for TN private lending
Hey everybody,
I think I'm stalled on my current path and need to make a pivot to make progress.Plan: Brother is setting up SDIRA to lend to me for building and selling spec homes. We want to make it legal and protec...
Ivan Burley
Money order in the mail!!!???
So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
Ethan Cole
Ways to Finance First Short Term Rental near Gatlinburg, TN
I am wanting to get into STR's near Gatlinburg. I have experience with LTR's, but this seems to be a different ballgame. The market I'm in has a significantly lower cost of entry, consequently it brings lower returns ...
Ari Bauer
Refinancing a property in an irrevocable trust
So, a client of mine bought a property with a conventional mortgage and Deeded the property into an irrevocable trust Now, after a number of years the lender caught on and is calling the loan. They did offer to allow ...
Juan Rosado
The Plan for my First Deal
Hello! My name is Juan Rosado and I just moved to Dallas Fort Worth (DFW) to work as a civil engineer. Nowadays I am saving money to get my first Real Estate deal. I graduated from the University of Puerto Rico in May...