Hello Fellow BP-ians,does the banks always go with 75 ot 80% of the purchase price on contract or is there a way to get 75 to 80% of the actual appraised value, even though the contract purchase price is only 75% of a...
Hello,Is there a way on Bigger Pockets to obtain access to lists of credit unions, banks, community banks (portfolio lenders) and lenders (hard money or private) that provide financing for investors that are interest...
I’m in Pensacola Florida and we have a lower price point here. I have a home under contract but I’m having an issue finding funding because all lenders require a minimum loan amount of $75k. Is there any way to pay mo...
Hello,
I am looking for some recommendations for lenders in MA for purchasing rental properties.
Are there any local portfolio lenders that are lending these days? Any private lender recommendations (those who
w...
Particularly in the California and Arizona real estate markets, where bidding wars for investment properties are the norm, real estate investors can’t rely on banks to fund new purchases. Although some real estate inv...
Ok, so to catch you up on me...I've been buying and selling homes since 2000. I started off as a builder and moved into rehabbing. When the markets tanked the bank money went with it. I quit building and rehabbing,...
I understand that it's mostly about the mindset, ie, you want to "present them with an opportunity" vs "ask for money," however I was looking for a little guidance on what to say to initially bring up the opportuni...
I've been fortunate to talk with quite a few investors from this site and I often hear that it's not unusual for them to place 4 to 5 bids on houses in a month. Here's my question; if you give 1k, or even $500 earnest...
As first time investors, my wife and I have found a deal we want to flip. We have been pre approved for a conventional investment loan of 140k with 25% down and 4%. The property is listed at $112k and an arv around 2...
I want to get into flipping houses and I'm looking to start in 2021. I'm pretty sure any conventional bank loans will not work as I don't plan on living in the homes. I've reached out to a hard money lender here rece...