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Hello everyone. I just spoke to a lender and long story short, he said I would need to bring about 20k of my money to the deal (on a minimum loan of 60k). He hinted that this was common with most hard money loans. ...
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I'm working on purchasing my second property and currently have two private lenders that I'm working with to fund the deal. At this point it seems I may be able to have one loan for 80% of the house value at 5% an...
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Hello All, We are fairly new to REI. We have numerous hours of reading, research, seminars, meet and greets, and the list goes on and on. We have begun to make calls and speak to cash buyers, realtors, and sellers. No...
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Realtors, I need your help...First of all, This is not an offer... I only want feedback.Sometimes you sell houses that are fixer-uppers. If you sold that house and then referred them to renovation company, and they ag...
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Hi BP! I am a real estate investor (multiple buy and hold multi-families) venturing into a new deal type: owner-financing! My team is looking at a five unit property with an asking price of $266,000. We would like to ...
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To the experienced RE Investors/ Wholesalers, How did you build a wholesaling business? How do you balance it between marketing (Inbound/Outbound) and getting deals closed? Methods to your buyers list? I am trying to ...
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How do you guys handle a large amount of calls and if you have to hire someone for that what exactly do you pay them?
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Hi everyone,Not sure this is the right forum for such a post but ill lay it out here anyway.My current field of employment is on a huge downtrend. Over the last 5-7 years I have partnered up with investors in the US t...
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My wife and I are ready to start flipping homes in the South Jersey area. We don't have a lot of cash to start with.. About 20K We were thinking of using. Hard Money.. Is this the way to go ? I don't think a Private ...
There is a condo for sale in need of updates, but great location and excellent price. However, I've been told by the realtor that the building only allows two rentals, and there are already two rentals. The condo ha...