Cody Cross
Looking For a BRRRR Lender
I have two deals under contract currently with 10 days left during the inspection period. One for $55,000 (1800 sqft) and one for $100,000 (1400 sqft and an attached apartment). They both need a new roof and one needs...
David Wherry
BRRRR in Huntsville in 2022. First post on BP
Hello,I am finding banks are not as willing to do a cash out refinance for BRRRR strategy these days. I have spoken with 2 lenders and 1 will not do a cash out based on a hypothetical new appraisal. The other lender i...
Pratap Bhandari
Rural Area commercial real estate financing
good afternoon,
Does a private/ hard money lender Lend money in a rural area?
I have a commercial office building under contract for 375k with 75K down. i have tried conventional, private lender/ hard money.
Everyb...
Wesley Weber
Need heloc recommendations
I’m looking to do a heloc on a home, but only want to do an automated appraisal, would like 90% ltv.
Options?
Maryann L.
native language
Should I be concerned that the seller doesn't speak English and all my forms are in English? One of the agents we work with called me last week and said the homeowners took all our forms to fill out. He had no idea ...
Jaylin Moses
Private Money Lenders
Any private money lenders looking to invest in a company that will be acquiring homes subject to in the NJ and NYC area? I have a great foundation that I am working on to create something that could help many homeowne...
JOAN DICKIE
HUD Appraisal changes
Got some interesting information from my local loan officer from Bremer Bank. Bremer is a regional bank based in St. Paul, MN. If you buy HUD homes with bank financing, this could affect your future purchases.HUD RE...
Korey Nelson
Resources for multifamily cap rates and vacancy rates
Hi Everyone,My family is looking to diversify our investment portfolio with multi-family properties outside California. I have been researching different states in an attempt to narrow my focus on one market secondary...
Shelby Pracht
Buy & Hold in Rural Areas?
I'm looking at a deal but the property is in a very remote, rural area. (The population is only about 800 people) Does anyone else invest in areas with very low populations? Is this really discouraged, or are there wa...
Ryan Bergren
Origination fee and processing fee
I am new to really being able to analyzing different loan products and finding the best lender but this lender was recommended from other investors and property managers. I am under contract on a 3 flat and the loan w...