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Hi Veteran Investors,I am keep hearing from lenders that they are saying "you can alway refinance!". I wonder if its true ? What about for example 2008 when bank were not giving loans ? Can you explain under which co...
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Hello BiggerPockets,Thank you in advance for any input you might have.I plan on purchasing a distressed property with hard money. 2 questions.... 1) How can I obtain 100% financing for the down payment as well as the ...
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Hi, my name is Ben Oestrike and I'm still pretty new to the world of REI so I just wanted to introduce myself here. I'm an 18 yr old from just south of York, PA and a little less than an hour north of Baltimore, MD. I...
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I get asked this question a lot...is staging really worth it? The answer isn't as simple as it may seem. Many pro's will always say yes! I will say...IT DEPENDS.There's many unique situations in real estate where your...
My friend in Colorado wants me to manage their property for a fee. In the State of Colorado for this type of business I would apparently need a license, which I am not planning to obtain for a while. My friend and I a...
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If you’re a borrower looking for financing options for your investment property, your only options are to reach out to conventional institutions (banks), mortgage companies, and direct private money lenders.
However...
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I have been setting up my plan moving forward and I decided that in 5 years I want to be making $4,200 a month in passive income. I haven't found my first deal but it seems reasonable for me to hit this goal in five y...
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Hi everyone! I'm a young professional (<25) and am trying to plan a house hacking strategy I would start implementing in 2023. I'm reading The House Hacking Strategy book and trying to determine the best ways to pr...
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Hello!Just a question to see if this is doable... Is it possible to refinance a hard money loan into a traditional/DSCR 30 year loan if I don't have that much equity in the property? Not a cash-out refinance, just a g...
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What are the must knows for raising capital for private money or hard money lending? I'm new to the private lending space and am trying to get my bearings straight before talking to a legal experts. At what point does...