James Piercy
What is your most creative commercial loan?
Hey Everyone,Curious to hear the most creative ways you've pieced together funding for commercial apts. I am looking for commercial properties and since purchase prices can very significantly from property to propert...
Johnathan Simeroth
Columbus Ohio Mortgage Brokers
Hi BP community!I've received a number of referrals for lenders in the Columbus market, but most of them are conventional or portfolio lenders. Long term, I will definitely look to build relationships with portfolio l...
Ryan M.
Preparing taxes for future investor
So I have not begun investing yet, but hope to as soon as possible.I hear from a lot of investors that they buy their first property, and then have trouble securing loans for the next 2 years, because they cannot coun...
Eric Prescott
First deal (3rd of 3 properties in a package)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $33,970
Contributors:
Randy Charboneau
1 of 3 properties purchased out of a ...
Franky Juwana
School me on Mortgage Lending
I have a dilemma and need y'all experts opinion. I currently living in an 1br apartment which costs me $1390/month. I'm buying a 4br 1 1/2 bath single family home which now waiting for closing for $294.000 which PITI ...
RJ Dixon
Analyzing first commercial property
Hello everybody!!
I have just had my offer accepted on a 5unit. I’m in the process of a commercial loan. This is my first commercial property I own a townhouse as well. The rent for this property is 325$, 500$ , 5...
Jonny C.
Loan Inquiry for People with Unstable Income
Hey everybody!I'm a long-time lurker and voracious reader/listener to BP. Long story short, I left a secure hospital job to be a Realtor about a year ago. It has been a challenging but rewarding year. I don't think I ...
Daren H.
Looking for sample wrap around mortgage addendum or agreement (used in Texas)
Anyone in the DFW area buying houses regularly via a wrap around mortgage? I am looking at a potential opportunity (off market response to letter) where the seller would consider financing with his note in place for a...
Ibrahim Yamini
Real Estate Investing is NOT a Job!
I was on a different app and the subject of being a Landlord came up. I was shocked to see how many people kept saying it isn't a job. As I learn more and more about real estate investing, it has taken up a signific...
Zach Vaughn
Using Investor Funds for Down Payment
Hello everyone. I am currently house hacking a duplex that I purchased in April and am now trying to work on a second deal. I have my eyes on a couple of small multifamily properties in my area but am running into the...