Dillon M. Leonard
$25K Personal Loan to Finance & Rehab 2 SFH Properties
Hi! Im a new wanna-be investor and have been researching financing options and properties for about 6 months now. Ive read several books on general finance and investing in real estate and Im looking to finally pull t...
Spencer Herrick
Looking to purchase my second property
I've now owned my first rental property for about four months and am now looking to purchase my second property. What are my options in financing my second property with the least amount of out of pocket money ...
Barshay Graves
Buying Rental with Hard Money
I'm looking into buying a rental with Hard Money or on a credit card using business credit, than using BRRR to pay off debt is this a good idea?
Courtney Nguyen
What is the legal limit on interest rate (over Federal Reserve rate) for private loan
Hi BP community,
So I heard interest rate on private loan can only be 10% over Federal Reserve rate, is that true?
For example, as of now 3/20/2023 the Federal Reserve interest rate is 4.5% - 4.75%. Let say our hol...
Toby Auer
How to finance deals?
Thanks I’m advance for reading, trying to keep this as short as possible. I just purchased my second home for 280k. I plan to put an ADU in the backyard that will cost me about 120k. Then it should appraise for 500k. ...
Marshall Brigner Jr
New member (with questions) in the Orlando Florida market
I have been looking in to REI (buy/hold & flips) for a while now and have made the decision to throw my hat in the ring. I am looking for a few references as far as real estate attorneys, creative brokers / mortga...
Tyler L.
Question regarding rent used in FHA loan qualification?
So, I’m a little confused on one aspect of FHA income qualification.
As I understand it, the debt-to-income ratios on the mortgage can be no more than 31%. However, for house hacking, lenders are allowed to count 75%...
Timothy Sorrentino
Non warrantable condo
Looking for advice. Trying to find any kind of financing for a condo that has an HOA with 3 issues:
1) law suit: they state the law suit is complete and final documents have been sent to the county.
2) reserves: res...
Rudy Kay
Options for getting enough downpayment
Hey guys,I'm brand new to this forum and also new to real estate investing. I'm looking to make a first purchase. My goal is to buy rental property. I live in the US and I'm looking to buy property in my home town in ...
Joseph King
second mortage lenders help
Good evening BP community, so after creative financing brainstorming I think I have an understanding (feel free to correct me ) of how to use the no money down idea. So using this example (made up numbers) lets say I ...