Hello - I am working on getting back into real estate/investing, and I have a 6 figure short term hard money loan I want to fund for a developer who needs extra capital for some unforeseen problems with prepping the d...
Hi Everyone,I've got a fairly specific question that I can't seem to find the answer to anywhere. Does anybody know if it is possible to buy an individual non-performing FHA note from Quicken Loans? If so, how can I ...
So I was driving for dollars and found a distressed property in a great neighborhood! Problem is I can't find the owner. The house is obviously vacant old newspapers, overgrown brush, city violations in door, etc. I...
My wife and I own 17 properties and we are wanting to refinance 11 of them but we are having a hard time finding a bank that will work with us. The problems we run into they won't loan to a LLC, Population density(bec...
The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
I know, I know.... my opinion might not be popular, but hear me out. As an owner of 6 STR properties I will occasionally test it out and put in one of my addresses in Airdna, and they are never correct. Some are way ...
Hi everyone,
My name is Dee Jay, originally from Philadelphia PA and now living in San Diego CA. I have been listening to BP for a few months now and so happy to be on the site. A lot of my current skillsets are per...
How do you get around the selling to cash buyers only? Overall I know pretty much everything when it comes to this stuff. I know they have to get a hard money lender then refinance the deal to get money out. I want pe...
Can someone breakdown to me the financing aspect of BRRRR in regards to payment. So if a hard money loan is used to purchase the property will the investor have to pay the hard money lender on a monthly basis until he...
In December of 2016 I sent out 500 direct mail letters to duplex owners in SE Portland. One of those letters landed with a couple in Woodstock whose family had owned a duplex for 70+ years. With almost no knowledge of...