Charles Harwell
A good problem to have
I recently purchased a single family home for $230,000 in a up and coming area. The bank I do most of my investments with wanted an after construction appraisal (detailed scope of work included) on it which came back ...
Chris H
Help me understand how to proceed on sale
I have a buyer that wishes me to find her a home. She as seen my rentals and knows that I can find good deals. She has good credit and is a very reliable person. I am wanting to pick up a foreclosure for 80% of ask...
Adam Smith
Financing a major renovation in Dallas
All-This is a long one; thank you in advance for reading :) Not an investor (came here because I realize and value the experience of professionals). Our current home is under contract; hoping to net out $300k cash af...
Andrew Mac
Keep or Sell Investment Property
Hi everyone, been following BP for quite some time now but just made an account and wanted to get your opinions on the situation I find myself in.
I closed on a property in the Coachella Valley about a month ago, pay...
Chad C.
How does loan discount point work?
Dear, BP fellows,
I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point. So for a property around 200k 20% down, right off t...
Curtis Cecil
BRRRR or buy multiple at one time???
So I'm curious to know which way is better.So let's say I have $100k cash and I can either put 30% down on $100k duplexes, or buy 1 in cash and then BRRRR. Which is better? Numbers show that if I bought 3 houses and a...
Brian C Kelleher
Boston - Advice on mortgage types for owner occupied 2-4 family
Hi All,I am looking to buy an owner occupied 2-4 family in the East Boston/Chelsea area this spring with a 5-10% down payment. I already own a 2 family house in the Boston area so this would not be first time home buy...
Tanya Potts
Need financing to rehab
My family have a property that needs rehab badly. Want to rehab and rent it out since the family has pretty much abandoned it as we all got older. How can I get financing to do it?
Emma S.
Hard Money Lending as a business?
Hi, I'm fairly new to RE investing. After reading and learning so much on BP, I'm considering starting out with passive RE investments (HML and mortgage notes). I read the threads on becoming a HML. I'm thinking of se...
Mike Morehead
Financing for Maui
Hello group- thanks in advance for any and all advice. I am looking for financing for deals on STR's in Maui. Wondering if DSCR is an option or what other creative financing is available in Maui. Margins are tight ...