Kylan Philbert-Richardson
203K And Estimating Repairs
Hi All, Newbie here with a Goal to really begin understanding the process of owning multifamily properties. I'm curious how one might estimate repair costs in the Calculator on something like a 203K program? I underst...
Dan Benton
Single Residence - 2nd investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $64,900
Cash invested: $8,900
2 bedroom 1 bath house built in 1946. Minimum rehab work on this one.
What...
Walter Ciucevich
Need help on structuring a deal
I️ have a private lender who has agreed to lend me a maximum of $200,000. I️ laid out terms of 8% interest only payments on a 1 year note with a 1% origination fee paid on the end or their investment would be an equit...
Charanjit Singh
Lending options for REO requiring TLC
What loan options are available for REO requiring some work (almost 30/40k). Will conventional route work ?
Kevin Young
Moving to South Dallas TX ...HELP!!!
I just was offered a position in Wheatland TX. The relocation may take place in the next 60 days.
I just purchased my first duplex in Tulsa four months ago. Now I need to move and would like to find another multi-fa...
Matthew Corica
What lender should I use for Brrrr
I've been looking around BP and other sites to try and get a good idea of what kind of lender I should use, but I'm seeing a lot of contradicting information. I realize there is a lot of options out there when it come...
Steven Gillmer
Cash out refi or LOC?
I recently purchased a duplex in Cleveland, Ohio for cash and am currently setting up my LLC so I can change title from my personal name to the LLC. So, which is a better strategy to pull out cash for the next deal; c...
Erica Williams
Line of Credit To Purchase Homes
Hello,I would like to know. How does using a line of credit used to purchase single family homes?For instance, could I ask the bank or credit union for a line of credit to purchase single family homes without down pay...
Michael D.
First Flip in NJ - Funding Advice Needed!
Hi all,I'm just getting started in my real estate journey and believe I found a my first project! My question to the community is - can anyone in the NJ area recommend a portfolio or private lender with low/reasonable...
Louis D Trejo
3 unit MF Deal with Mortgage 75%LTV
Hey BP, newbie here in need of some direction, exploring a deal from a family member that does not want to keep the MF anymore. Has FHA loan 75%LTV needs rehab work 25-30K. Potential Cash flow of $2600/mo current mort...