George Duchatelier
Hard Money Lender for a Duplex
Im looking to purchase a duplex with my partners. Looking for the best rates for a long term hold. This is not a fix and flip or anything like that. Buy and hold. The duplex is listed at 75k but Im thinking we can get...
Drew Oberholtzer
Financing for a $30,000 invesment property
I'm purchasing a house for $29,000 and will be renting it for $800/month. It needs little work; just a fresh coat of paint and a new subfloor in the kitchen. I have cash on hand to purchase the house, but don't wan...
Micah Mcarthur
Where are you getting your 30 yr conventional?
Ok, so I got a major kick in the gut today. I went to get pre-approved for loans, and find out its a little more difficult to get a 30yr conventional on an investment, and nowhere near prime. All my analyzed deals g...
Mike Castellow
San Marcos, TX need creative loan advice
I am in the process of completing renovations on a historic home in the San Marcos, TX Heritage district. I have finished all of the downstairs renovations except for a small portion of the kitchen and structural wall...
Ashley McGrath
Am I missing something????
Hey BP people. About to get this under contract. I've ran the number a million ways but maybe there's something I'm not factoring in. I'm buying a single family 3 bedroom with a finished basement that was used as an i...
Peter Hightower
ISO Private Money Lender for Owner Occupied Fix & Flip
My situation is that I took on a rehab project that is owned by a good friend of mine. Property is a small SFR that had been abandoned for 10 years. My friend is elderly, lives out of town and is no longer able to do ...
Jonathan Bombaci
Hard money on personal residence?
Does anyone know if a hard money lender would lend money as a personal loan using someone’s personal residence as collateral?I have a family friend going through a bankruptcy (so horrible credit) but his personal resi...
Schuyler Witt
First deal! No money down! (from 2010)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $19,500
Cash invested: $48,000
This was my first property. I intended to buy the property as a fix and flip but un...
Josh Brooks
Where Can I Find Short / Medium-Term Financing for Land?
Hello,I hope this post finds you well.I purchase and sell vacant land using the following method: 1) use direct mail to find people who do not want their property, 2) purchase that property at 15 to 25 cents on the d...
Kyle J.
How do you account for interest paid to private investor?
If I get a loan from a friend/family member/private investor, how do I account for the interest on the loan I pay to that investor? I know if I were borrowing from a bank they would issue me a 1099-INT form at the en...