David Matyas
Construction loan - better to get CLEC or use full approved amoun
I purchased an existing commerical building for about $550k, and I am putting about another $500k into it. I will be occupying about 35% of it and the rest I will be renting out.The bank originally assessed my buildin...
Nathan Hagge
Lenders/Financing for the Seasonal Worker
Hey Team!So my partner and I are looking to buy our very first house hack (hopefully) within the next year. We've been saving up a downpayment, working on credit scores and DTI, etc., but we have a somewhat different ...
Adam Moyer
Owner Occupied Duplex Deal Analysis Requested
My wife and I want our first home that we purchase to be a duplex. We are looking for that so that we can rent one side out and therefore have a very low mortgage payment. Eventually we will purchase another property ...
Liam Hanson
How to find the numbers for a Pre-foreclosure
I am looking at a house in preforeclosure scheduled for auction in a couple weeks. I have access to some info, but not everything I need to know. It is listed on Auction.com and they provide a "title information" docu...
Michelle Mullins
Subject-to Due on Sale Clause
We purchased a triplex through creative financing and inherited the insurance through the seller. If we were to transfer the insurance to a new company - would this trigger the due on sale clause with the mortgage com...
David Wilmer
Getting started with first STR
Hi! Recently joined BP and this is my first post... Looking to get into the STR business with a main goal to maximize cash flow and hopefully grow a little over the next few years. I have a couple of initial question...
David O.
Private Lending Structure Question
I have a question regarding how Private Lending is typically structured. I will give you this scenario. I have a SFR home that I will purchase for $65,000 and rehab for 25,000 the ARV will be 100k. I would like to bor...
Joseph Tipa
How to buy houses cash
Hello Everyone I have done a couple flips here in FL and I have done them all I guess the "traditional way" finding them on the MLS and using conventional loans from banks. It has been profitable for me but I don't se...
Joseph King
Seller financing understanding.
Good morning BP community. My question today is on using partial seller financing and a private lender, I would like to know if this general example would work . (Not real numbers)So I recently found a deal for a cash...
Sisto Averno
Hard Money Lender Review
Has anyone heard of a company called DHM (Do Hard Money), if so share with me the good and the bad? Thanks in advance!!!https://www.dohardmoney.com/