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This is the beginning of my real estate investing, I'm going to use my VA loan and get a house at around $200,000. We will live here for at least 5 years before moving and renting it or selling, I'm looking for any ad...
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Hi BP Community! I am getting started and had a few questions regarding financing. My initial plan was to BRRRR a SFH using a HELOC on my primary residence (roughly $100k in accessible funds). My plan was to fund the ...
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I was just wanting to know is there another way to continue growing the number of rental properties without having to put 20% down each time. I hate to drain my savings that low and then it takes forever to save enoug...
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Hi all, I tried searching but could not find the answer. I have two questions that have been on my mind for a while and hopefully someone here can answer them.
1. Is interest from hard money loans tax deductible?
2....
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Hi gang. So I was wondering where you seek loans if you already have 4 loans in your name?
Do you have to incorporate or put them in an LLC?
Is it just standard practice for conventional lenders to not give a loan i...
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Im looking to start investing in real estate and I thinking maybe using a hard or private money lender to start out with. Does anyone have any advise or suggestions for a newbie just starting out with with hard and pr...
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House is really nice brick home, no recent property info, have left message with auction house, they require $5000 down pmt, which i can come up with, 6% buyers premium, and 30 days to come up with balance. This is m...
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I am evaluating a SFH. Seller just wants free of tenant headaches and doesn't want to do rehab. I proposed seller finance for up to 18months to give me time to rehab, rent and cash-out refi. (I have successfully done ...
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Hello BP!
Question for all you mortgage smarties. I just came across a 4 home bundle. The numbers make sense and I'd use a hard money loan to get into the property.
I'm wondering what it would look like to ref...
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Hey BP,
I am new to real estate and am in need of some advice from those who have been around the black. I have been searching for my first investment property, I have a few options picked out and am getting ready to...