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I have received a contract outlining a loan I would make to a borrower for 50k short term. Would someone be willing to review the contract and provide some advice and feedback? Thanks community!
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My partner and I are new REI's since 2018 who have employed the principles of the BRRRR method commanding 5 doors valued about $750k plus one door with projected ARV of about $250k by '23Q1 and one other door bought i...
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I'm looking to purchase a foreclosed home with needs for repairs less than 5,000.. have not had an inspector overview the home so just from what I've seen.. Really interested in getting advice which route should I tak...
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So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
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If you haven’t read part 1 of our real estate journey, stop reading and read part 1 where you’ll learn how we bought our first building for the price of a used car. It was around the end of September when Scott at Bi...
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I have a 3 building multi-property (1 commercial and 2 multi-homes) in Michigan that I am considering, for which the seller is willing to finance. He has owned it since 1996, and is over 60 years old and still works ...
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If owner will carry the agreement, will the Brrrr method still work? Especially if once renovated and refinanced by a hard money lender I could pay for the properties? Where will this leave me and what should I watch ...
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Hello All! Just wondering if everyone else is running into what I've been running into. Called a couple of mortgage brokers I've used before (big ones) to see about a cash-out refi on a property so that I could extrac...
Hi BP Community! Question: Can you fix-n-flip a “subject-to” property or could you really only BRRRR a “subject-to”? Does the “due on sale” clause go into effect if the “subject-to” property is sold after rehabbing it...
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Good morning! What are some loans that don’t require 2 years of work history? I have a high credit score and zero debt; I just don’t have the work history.