Christian Smith
Don't want to lose this deal and also my earnest money.
Hello all,I just recently made an offer on a home probably prematurely. I had plans to do a cash out refinance however my home was appraised at a lower amount than I thought it would be and also the closing fees are 1...
Kyle Majors
Wholesaling Transaction Questions
-how can you use funds from the end buyer to pay the original seller for the house if you as the wholesaler do not own it yet? -I know you want to have a list of potential buyers in advance but do you only have the o...
Thalia Mena
Funding For Large Investment Property
Hi BP, I’m not new to the site but have posted on here a few times. I wasn’t sure if this was the best forum to post this question but here it goes:I ran across an off market deal and the owner had proposed seller...
Amit Bharatia
Need some help with new LLC
Hi, me and my other two friends opened LLC to invest money in real estate business. So I need some idea what specific things need to be kept in mind being a beginner. Our other concern is to get commercial loan as a b...
Steeve Breton
Should I go with Creative Financing vs. Bank?
Hi All,I may be looking at my first Creative Financing deal. I have an offer accepted in the Boston area for a Mixed Use 4 unit building. I have a couple of commercial lenders willing to work with me. Alternatively,...
Jeff Hat
Need loan advice on a 5 unit plus single family home
Hey I currently have 2 rental properties(2 families) in NJ. I am currently looking at a 5 unit plus a single family home(2 lots next to each other). Both need work, most likely around 10K per unit plus new roof on 5 u...
Bob Starlin
Market Contraction Strategies
Good afternoon everyone,I have a question for anyone/everyone that is willing to ponder it.I have been looking for something posted on strategies and techniques for positioning yourself for taking advantage of market ...
Rachel Kennedy
Financing Issues: Getting out of HM on BRRRR
We JUST finished a BRRR and are ready to refinance out of hard money, and then COVID happened and now the product we were using is no longer available. Credit is around 640, plenty of income to support the refinance b...
Elliot Tan
How to combine a wrap around mortgage and lease-option
I have an interesting scenario for you creative finance experts:I've found a seller who is in pre-forclosure and owes $69,000 on his mortgage. He's asking for $95,000 so he can walk away from his debt and pocket $26,...
Caroline Knight
Intro - Starting out game plan
Hello everyone! I have been listening off and on to the biggerpockets podcast and having "we should get into real estate" talks with my partner for about a year now. I recently picked up The Book on Rental Property In...