I am the note owner on a NP 1st mortgage on a property in Alabama. The property owner has moved out and has agreed to enter into a DIL agreement. There is a NP 2nd mortgage on the property that I would like to eithe...
I've recently had some students interested in renting from me. They will use student loans to pay rent. My screening criteria requires income of at least 3 times the rent. How do I qualify these students when they ...
Hey, I'm getting ready to purchase my first single family investment property. I have money saved up for a down payment plus more and good credit. Should I go the conventional loan or DSCR loan? I want to scale up aft...
I am 17 years old and very new to real estate investing. As I listen to more podcasts, read more books, and watch more videos, I have more and more questions. The following are things I heard or read that I didn't und...
Hopefully I don't get too far into the weeds explaining my dilemma that I lose you, but I'm hoping someone has some expertise they are willing to share.Long story short, my background is community and economic develop...
Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
Hello Everyone I'm a new investor and looking to buy my first SFH for me and my family. This home will also be my first rental property when I move to North Carolina in about 6 months to a year. Is this a good idea.
Would someone be kind enough to explain to me how escrow is completed when buying and selling a house while it's in probate. If I work with the PR of decendent's estate and I tie the house up via a buying contract, ca...
I would love to get some feedback on a deal I am trying to put together. The deal is for 6 units with a purchase price of $700,000 - rent totals $6095. The NOI is $4735/month and $56745/year. The cap rate is about ...
Hello BP community! This is my first post, so set your expectations low! Here goes ...Rather than save my way to down payments using my W-2 income, it is easy to imagine how using private loans could accelerate my REI...