Hi everyone, I am seeking a DSCR loan on a single-family rental home in Birmingham Alabama. I am new to mortages, loans in general so any advice GREATLY appreciated. No idea what rates are fair or if I can borrow fr...
Hello BP,I'm in CA and need some advice on some commercial lending terms. A lender provided some loan options for a 10 unit building. I'd like to know if the terms provided are typical of today's commercial lending...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
A couple of notes about the Arizona Yavapai county tax lien sale completed yesterday. Looking at the preliminary results Prelim only because investors have to pay the balance by 5 PM MT time tonight. If they don't ...
I am curious as to how the process works for buying land and building an apartment building on it. How does financing work? How much cash and/or collateral would we need? Can buying the land and construction be wrapp...
hey guys,
Looking to get started next year in real estate but I don't really have any hopes of saving up thousands of dollars for a 20% down payment that my local credit union requires for investment properties. An...
So I know Cash is always king but how do most of you Landlords buy, Cash or Credit?
With a hunger to start going in real estate, would anyone recommend using hard money lenders as a means of gathering capital for first flip. Without my own capital on hand, it seems that getting in REI is extremely di...
Commiserating with other Florida hosts who are preparing for Tropical Dorian to arrive. My first guest to cancel just messaged me that her party wanted to enjoy outdoor activities while in the Space Coast of Central ...
Hello BP friends,
There are multiply arguments I hear when I talk to folks about using hard money loans for rental properties. Some seems to love them, others seems to believe a person is ridiculous for using them. R...