Alec McCullough
60k to invest ideas?
Hey everyone I've got roughly 60K to invest and I am looking for my first deal preferably in-state in Indiana. I don't have any access to credit but I would like to work on doubling my money in the next year. What wou...
Anil Bajnath
Cash out refinance V.S Home equity loan
hey all, i currently have a rental property out in orlando, FL. i’m looking to grow my portfolio and getting another property. my question is, which is the best way to do so. cash out refinance or home equity loan. th...
Bill Gulley
Private Lending Mistakes
For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
Ronald Ty
flip rehabs/returns - how do i compete?
i am having trouble competing with other flippers. i try to do things the right way (pull permits) & use contractors/hvac/plumbing/electricians who, i feel, give me the best bang for the buck. and we all know the ...
Tina Jenkins
BHG Called me today has anyone delt with them before? Nervous!!
I got a call from a private lending firm that deal with healthcare professionals. He stated he could lend me up to 100,000 interest rate according to Gross annual income and my Credit score. He said they are private a...
Joseph Chacko vellukunnel
Rookie investor exploring a multi family in jersey city heights
Hi BP,
I am exploring a Multi Family (2Family) investment in jersey city heights (close to christ hospital). The strategy is to buy and hold with positive cashflow. I have some prior experience house hacking my con...
Duane Gunkler
New Construction - Builder overbudget and might not close in time
Hello BP Community,Have a question about my personal home. We are building a new home and did a construction to perm loan. We signed the contract last April and were originally supposed to be in by last fall. Here ...
Bill Kramer
Help with ideas on strategies
Ok, I'm gonna start asking questions.2 years ago I rehabbed a house by bosse high school (Washington and 41, east side of 41). 700 sqft 2 bedroom 1 bath Repairs came to roughly $30k (strip to studs, all new everythin...
Dmitriy P.
Avoiding PMI
Hey BP,Im looking to purchase a 2 Family home which I plan on residing in and renting out the other unit. I was going for an FHA loan with 3.5% down b/c i didn't want to tie up my money in this one property as I am p...
Chamara Edirisinghe
Refinancing Rental Property
I have a rental property that I would like to refinance and cash out for a downpayemnt on a second property. I bought this property last month.1.How soon can I refinance rental property after purchase?2.Any one knows ...