Nina Gibson
DSCR loans but what about the DOWN?
Hi,My brother and I just started an LLC. We want to start either flipping small or investing in multifamily properties, but the 20-25% down concerns me. If the DSCR loan covers the 80% where to we get a loan for the o...
Chad Dickenson
Lender for BRRRR Refinancing before 6 months?
Hey BP Family!We've got a property under contract that we would like to BRRRR. We are doing a hard money loan for acquisition and rehab. All of the Lenders we have spoken to (3 local ones now) have said that in order ...
Ben Bakhshi
Tired of third party lenders, I want to create a mortgage fund
We utilize a few hard money lenders for acquisition (8-14%,1-3 pts), plus we have some private investors who finance most of our equity position (10%,0pt). We've subsequently closed portfolio loans with B2R, Firstkey,...
Michael Opper
SFHs to Multifamily (apartments)
I'm looking to buy my first multifamily, apartment complex. I currently have a handful of single family Section 8 rental properties.
Ultimately I'm looking to understand the best way or multiple ways of coming up wit...
Ikenna Omekam
Suggestions on how to gain access to the equity in my home
Hey all,I recently purchased a home, and the whole process drove me into learning about real estate investing. I'd love to get started, but a lot of the cash I had in hand went into the downpayment of my home. Ideally...
Lara Taylor
Finance Question direct lender vs private
I am trying to get a deal funded, and have received 2 different offers. One is from a direct lending company. 12 month term 9% 70 LTV. The other is from a private lender and I am not quite understanding all the things...
Fritz Cadet
True Assett-Based Hard Equity Loans
For those of us who require true asset-based hard
equity/rehab loans where:
Low 500 score is not an issue
Bankruptcy is not an issue...........
Owner-Occupied property is not.......
Commercial property is not .........
Clinton Davis
Any one use Century Key Capital?
I was planning on using them to fund my next deal. Anyone here ever use them? Just wanting some feedback. They seem like good people on the phone. Thanks.
Kenneth Garrett
Funding your Investments
When it comes to funding projects I use Private Funding. It took a lot of networking and proving that I know what I am talking about. I went to a lot of education programs and REIA meetings. I now fund all my buy n ho...
Tina Rubin
RI multifamily BRRR finance lending process
I have 1 SFR rental property in CA. My first out of state purchase was a SFR in Feb.2021 in East Providence. I made minor improvements (5k) to get it rented within 30 days of closing (East Providence) and it cash flow...