Hi Everyone! Looking for advice on raising about $1.2M quickly (2 weeks) from my existing network of doctors.
The land entitlement deal has been in the works for 18 months.
Under contract with a public builder and...
I recently finished my first flip. Coming close to closing and the appraisal came back $7,200 under the contracted price. It was already a slim margin, so that did hurt. We needed to close so we adjusted the contra...
Hello fellow BP'ers - what a cool deal we have here to help eachother become financially free!Here's my question, we're looking for equity and or debt ideas and solutions - ie bridge loan products, loan solutions etc:...
So I may have finally found a duplex that fits my parameters. However, my desire is to buy it in an LLC. I've been trying to get it set up for over a month but my attorney that I've hired is unacceptably slow. I'll st...
Hello everyone!I am about to finish the rehab and renting steps of a 5 unit property in Chicago, but the lender I was planning on using is currently putting loan origination on hold due to covid. I am looking around a...
I’ve been making calls, sending emails, and searching for a good part of the day. My normal lenders have dried up or are waiting to see how things end up. However, I have a couple of duplexes I’m trying to fund in Mai...
If I found a property that was priced at say 1m and had a 12% cap and a DSR of 1.5 (I don't even know if I can make those numbers add up- but bear with me). Then I find a bank that looks for a minimum of 8% and 1.2. ...
Investment Info:
Single-family residence buy & hold investment in Vancouver.
Purchase price: $202,000
Cash invested: $20,200
Cute brick bungalow in the Arnada neighborhood of downtown Vancouver. ...
I'm interested in purchasing several commercial lots near Atlanta, GA, and having a hard time finding banks that do commercial land acquisition financing. I have a partner that will develop the land, and we'll refinan...
I purchased a property at the height of the market in 2005. We lived in the property for 5 years and started renting it in 2010. Original price was $445k but in 2010 they were going for more like $360k. My tax guy tol...