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How accurate is it that banks these days will not write mortgages for properties under $100,000?
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Hi All,I'm trying to find some creative financing ways to fund my investment projects as they come up. Looking for hard money lenders, private lenders etc. is quite difficult it seems and even harder to trust when you...
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Maybe I just don’t fully understand the BRRRR strategy. It seems like a great way to not only get started in real estate investing, but also a path to build a rental property empire, which is what I am very interested...
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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...
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Hi,Don't know if this should be put in the foreigner's forum or here but here goes...As a foreigner, I figure that trying to take a loan from a bank to invest in the USA is very tough, especially since I'm trying to d...
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As a beginner, I successfully completed my first cash refi on a paid-off 2bed/1bath condo rental property in Cincinnati, OH. In other words, I get a lump sum cash in return for lower yearly cash flow on a rental prope...
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I've been working in the hard money and commercial bridge lending space for about 7 years now. I've had great success in expanding my network using BP and LinkedIn and doing in person networking events in my area. It ...
I'm new to BiggerPockets and this is my first post, so if this inquiry is in the wrong section or if it's redundant, my apologies.
I've got 11 rental properties in the Atlanta area with a monthly income of around $1...
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I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...