Jason Clark
How to dispurse shares of an LLC.
Ok. I have two private investors that want to invest $25K a piece. Along with my $25K ($75K Total) to purchase a home re hab it and sell for profit. I am curious to know to dispurse shares of the LLC that I created to...
Mark Beekman
Curious Title Search Situation
I'm running some title searches for an upcoming Sheriff Sale and came across a situation that has me spooked.
There was a first mortgage from Wells Fargo and then, a few years later, there was a mortgage from...
Daniel Rogers
Why does it matter? Cash, Hard Money or Commercial Loan?
I am wholesaling a property, currently. I have it posted that my property is for a cash offer. Someone told me that they are coming with a commercial loan. Upon researching, it appears that coming to closing with a co...
Brian G.
Cash Out Refi Curren Rates
BP nation, what is the current rate for a cash out refi on a 2 unit NOO property?
Ryan Johnston
Getting private investors for first flip
Hey BP!I have a pretty basic question for you but it's curious nonetheless. I have a potential flip lined up but I can't fund it all myself. I was going to resort to hard money, I ran my numbers and it worked out. I'v...
Chris Mason
*Live Today* 2023 Loan Limits - $715k LCOL, $1.072m HCOL
Rocket Mortgage, largest mortgage bank in the country, went live with the anticipated/guessed 2023 loan limits yesterday. The largest wholesale lender used by independent mortgage brokers rolled it out today (you can'...
Cody Simmons
Cabins for contract mechanics?
I have 3.5 acres of wooded land In a beautiful area in Central Georgia. 10 minutes from a high-school that just doubled in size, 25-30 minutes from 2 airports where lots of contractors go to work on aircraft. It's a b...
Beth Hickey
Maximizing our reno budget
Hi everyone! My partner and I just got a house under contract in Denver for $500k and are looking forward to getting started on renos! Our strategy is a fix and flip and we're fairly confident we can be in and out in ...
June B.
Fix n flip loans - Are They Real?
Greetings,I am interested in the fix and flip aspect of RE Investing. I found an ad on Craigslist, for a company offering loans for fix and flips. Is this an option for someone looking to invest with none of their own...
Kevin Lefeuvre
Bank needs to be a loss payee on the home owner policy
I am in the process of getting approved for a HELOC and the Bank wants to see a new declaration page with their name on it as a loss payee on the home owner policy. I have never seen this in my previous loans, even th...