Justin Franklin
Trouble finding money for a deal
I’m buying a deal wholesale that I’d like to finance up front instead of BRRRR and the seller is willing to work w me. Problem is the deal is around $30k and I can’t find a bank willing to finance. Any recommendations...
Jeremy Luster
Need creative ideas to secure deal
Hello BP,
My wife and I have finally decided to get off the sidelines and begin building our rental portfolio. We've spent the last few months educating ourselves and trying to follow most of you guys amazing advice...
Faith Kae
Please help this newbie
Hello everyone,i purchased my first duplex last year with a Fha 203k loan. Here are my numbers.Current loan Amt: $118,000Mortg: $528 Pmi:82 HI: 90 prop tax:70rental income-$625 (below market) I just bumped my inherite...
Michael Spadoni
My First Hold Strategy
During the recourse of the recession in 2008 I became a new investor in 2010 with my first rental property. I was mentored on this path very modestly I will say. I had a supervisor at the time recommend buying a multi...
Toben B.
What is an appropriate deposit for a $1.75M property to place it under contract?
What is an appropriate escrow amount to place a $1.75M multifamily property under contract?Obviously, I want as low as possible. The Broker suggested $25K which I can do, but I would prefer to offer $10K as it will li...
Account Closed
Are you making this common mistake when submitting a HML request? Here's a tip...
Here's another tip for working with hard money lenders. Follow the submission guidelines the lender has put in place. Give the lender a complete submission using the guidelines but don’t go overboard with the informat...
Michael Gatti
South New Jersey Investment
Hello, How is the real estate market in Southern Jersey, especially around the Woodbury/Deptford areas? I'm chiefly looking into multi-family units.
Account Closed
different property taxes for same house on different sites.
Hi,I recently found a single family house that we like but can't understand why the exact same house has a different amount listed for its property taxes on different sites... ie Zillow, Truilia, Realator. It's not j...
Samir T.
Tenant Declared Bankruptcy
Hello everyone,I got this from a potential renter: Before I purchase the credit and background check, I want to make sure that a bankruptcy two years ago won't disqualify me.The renter meets the minimum credit score r...
Mckenzie Mckean
Where can I find money for a remodel?
I have found a house that I would like to bid on at auction and use the BRRRR strategy. I think I can buy it for $150k and the ARV once fixed up would be around $320k. We can afford to buy it using our 2 heloc loans. ...