Lorenzo Jackson
How to Finance
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 ...
Aaron Moore
Best purchase scenario
Just closed on my first property and I'm looking to purchase my next one in the near future. I'd like to get some advice how I should purchase the second one. One thing I'd like to mention is that I have full access t...
Joshua Buchanan
Need insight on flip deal!!
Hey everyone on bigger pockets, i was hoping to get some input on a flip deal. Theres a house in really great neighborhood selling as it. Looks like just tlc stuff. They are selling for 69900. Arv is prob 100k. Its a ...
Michael Delpier
Can i do a 1031 into multiple Brrr's.
I would like to sell a single property and buy several SFR's1. Can you sell one to buy many? What are the complications with this?2. Can you buy from wholesalers with the 1031? Any issues?3. Can I include the rehab co...
Mark DiPietro
Hard money lender and cash purchase at auction
My wife and I have located a property we think is perfect to flip. It is in foreclosure (worst home in good neighborhood) and is going to auction on May 17th. The problem is it is an all cash auction. We have about...
Mark Graffagnino
VA Loan
I've got a property for sale and have received two very similar offers. Offer #1 the buyer is using a VA loan and Offer #2 is conventional. I really like the idea of helping out a veteran but I've heard that VA loan...
Denise Mayo-Walley
Finding deals in Houston
Hello BP Community! BP is an absolute godsend and has helped make the purchase of my first 2 properties over a year and a half as painless as possible. My properties are located in Houston, TX and were purchased for $...
Scott Hollister
Hard Money Lending in Florida: New Bill Proposed
Hello BP, My mother moved down to Florida a few months ago to continue working in the hard money area as an operations manager. She asked me to reach out to the Florida investors that use hard money. Below is copied f...
Account Closed
What kind of lender do I need? Self-employed, small loan amount
I am looking at a piece of property that will cost about $65K. I can put down $30K but would like to borrow the rest. This will be my first real estate purchase and my first loan. I am unsure what kind of loan I sh...
Indra H.
creative financing
Hello fellow investors,
Any suggestions on creative financing. I was offered a 3 family (2,100 a month in rent being conservative) that is valued at around 115/120k. The owner wants to move back to his countr...