My sister is about to enter into an interest only loan. I don't know thing one about these kinds of loans. My gut tells me that it's a BAD idea. CAn I get some help please.
I'm in the process of buying an apartment complex in PA with my partners (I'm looking at a 5 unit & 10 unit). The DSCR on buildings I'm looking at are below what most lenders will lend on (it ranges between .9 ~ 1...
Hello BP! I am curious to know if anyone has purchased a Brrrr with 20-25% down and take a loan/mortgage out from the bank for the rest. I know most deals are done with cash, hard money lenders, etc... Is it possible ...
Hello,Any tips on finding a lender that will do a HELOC on investment properties? I live in Kansas City and the couple places I’ve reached out to so far only offer them on primary residences. Thanks!
Hi all, I’ve posted in a few threads about my goals and timeline. At this point I’ve secured my lending and officially started the hunt for properties. We’ve looked at a few so far and me being an engineer and projec...
I never used hard money loan before. I am plan on bidding at a court house auction, would I be able to utilize hard money loan if I get approved? Once I win the auction, I have to pay the amount in cash. I just dont ...
hello bp community,I am a long time browser and first time poster. The day after reading rich dad poor dad I began researching the world of real estate investing. Naturally I stumbled across this community and have be...
Hey. I'm a new investor. I'm wondering how to go about getting loans to fund a rehab project. Do you get money to buy the property and then rehab it, do you only get money if you already have a property to rehab, what...
hello everyone, I am in a weird situation and would like some advice. I'm looking at a property that needs some work. My real estate agent spoke to a lender about this house and the lender said that if it's uninhabi...
I am wanting to flip homes in southerm illinois but finding the cash is very difficult any advice ?