When I first started in real estate investing I had multiple lenders tell me “no, you can’t lend on that”. And I took their word for it. I thought “If one or two say no, then they all must say no”. And that was com...
Hello everyone! My name is Josh Ricord and I am a recent Biomechanics and MBA graduate and retired student athlete as of 2023. I am currently in my first year of my W2 job (post graduation), and after a year of listen...
I completed 4 single family BRRRR's last year, and this year I was ready to take the next step to complete a multifamily BRRRR. This deal was listed on the MLS but was not on my radar until @Travis Wylie texted me th...
What are the pitfalls with delayed financing. This is what I read in various threadsa) In delayed financing, the appraisal is typically more strict. So may not come into the right valueb) with delayed financing, u end...
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
I'm looking to buy a duplex to live in. I've been pursuing FHA loans because I'd like to put as little cash down as possible to have money for renovations, maintenance and improvements. However, the fees associated ...
We are looking at purchasing our first rental property and going the route of getting a second home mortgage. Some advice I had been given was to create all LLC and purchase the place through an LLC. What I am startin...
I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
Good Afternoon!I am looking to throw my REI business into the next level. Currently I have one cash flowing property that was my primary residence until last April 2021 when i began renting it out. I am looking to pur...
What would interest a private lender to invest in the purchase of notes?