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Pay in Full or Just 20% Down?
Hi All, I have a lump sum of money and am not sure if it's smarter to use it all to buy one rental property out right, or if I should buy a few properties by going through a bank and just putting 20% down. Which appro...
Jeremy Schappert
My Strategy For Selecting a Mortgage Lender/Broker
Selecting a loan officer in brief…For experienced home buyers, I want to quickly lay out my strategy for picking a loan officer. Subsequently I’ll go into the detail for those interested or less experienced with the ...
Nathaniel Birdsong
Direct Lending Partner (any reviews?)
Has anyone dealt with Direct Lending Partner? Talked to them today about their program. They offer lines of credit so you can move quickly and have a less detailed process to get funds each deal. They do have some set...
Carl Kahkonen
amount of fee for assigning a deal versus doing a double close on a deal.
What would a fee be for assigning a wholesale deal versus doing a double close on a deal. Would you make more money doing a double close versus assigning.
Faisal Sami
$34k Duplex with $400/month positive cash-flow
Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
Jake Silcott
Private money mechanics/structure for fix-n-flip?
Hi everyone!
I have a couple of questions about how to best structure a privately financed fix-n-flip deal and how the mechanics of the deal should work. I am just getting started in real estate investin...
Steven Haskins
FSBO wants to get out of realestate market, what do I do?????
Hello Everyone, I have been grinding my wheels for about two months and finally my ship has come in. I met a gentleman who owns property here in St.Louis, he cannot do the management or upkeep his buildings anymore...
Ryan Moore
How to compare closing cost w/ different lenders
So with refinancing my rental, I'm finding it easy to compare the simple stuff: rate, points, ltv. Next level stuff for me will be the closing cost. Some lenders have provided me a complete list (see image below). ...
Neel Shah
EIDL SBA Loan advise
Hello BP,
I got message from EIDL today stating: "Your SBA Application No. *** is ready for the next step. Create your SBA Economic Injury Disaster Loan Portal account to provide additional details or requested docum...
Nick M.
% interest to charge for Land Contract
A tenant is interested in buying the house he is renting from me via Land Contract. I have not done this before and would like some opinions on what to look for and how to set up the payment?
I am curious what commo...