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I recently completed an online application to obtain a Hard Money loan. Someone called me to deliver the unfortunate news that I would need 20% down. I have no money! So they (the lender) recommended that I start o...
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Hey. I'm a new investor. I'm wondering how to go about getting loans to fund a rehab project. Do you get money to buy the property and then rehab it, do you only get money if you already have a property to rehab, what...
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What can a new investor do to acquire a house in a competitive market? Time is on my side as I am currently unemployed, but have cash and a partner with income.
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Hi all,I am an attorney and duplex owner that is on the hunt for my next multifamily. My current duplex is a 2/2 duplex that was purchased two years ago using an FHA loan, before I got married, and my now wife and I ...
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Hi BP members,I have this refinancing part question.I buy the house with hard money loan with cash then rehab, rent and refinance with conventional to pay back my hard money lender. So, currently, hard money lenders o...
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I have my first deal under contract! It's a fix n flip property that has been vacant for 30 years. It's currently a 4 plex, however the zoning in the area has been re-zoned single family and since it has been vacant i...
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Hello, I have 100% equity in my first BRRR investment property, but not enough cash for a rehab to reach comps. I currently have no income, but an excellent score. I am struggling to decide the best path/strategy to a...
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Good morning!My wife and I are active duty Air Force and we are being reassigned to Eglin AFB in May 2019. We are considering buying a foreclosure/ROE/wholesale property to live in. We'd like to get the big items kn...
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Always hunting for the next great deal I across what i believe to be a GREAT buy. New to this but wanting to get into property for a long time I think its time to take the next step. What I have found is a packag...
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I have a property under contract at 33k, it needs 15k in repairs and the ARV is at least 80k. What is the best way to finance the deal? A) Go with a hard money lender for acquisition and rehab, then find another bank ...