JD Gibson
Scenario to get rid of some bad debt?
Hello fellow BPers.First time caller, long time listener.I am looking to enter the world of real estate investment in a 2-4 unit hack by the end of the calendar year. I have talked with a couple of lenders, and am hea...
Wendy Lacey
How to Title my first investment property?
I am under contract for my first investment property. The property is in Florida. I have created and LLC but as it is brand new I can not establish a loan under the LLC and have to take out a personal loan. What is th...
Audrey Thiault
financing downpayment on residence with basement rental unit
My husband and I are under contract for this home in Decatur, GA, way below market, ($285K) includes independent basement rental with lease through December. Need to finance up to $70K downpayment. In qualifying for...
Tyler Paquette
Loans for rehabbing besides 203k?
I have been looking at several homes that need repair. I have done construction most of my life so I can easily put in The Sweat Equity. The homes that I have been looking at are all out of state, so my questions are(...
Jessica James
California Short Term Rental Multi-home Furniture
So, I save the money, I budgeted, I found a great deal, put in my offer, my offer was accepted and I’m getting closer to closing (13 days to go!)... But I need to get people in and get the house ready and staged to ta...
Danielle Hammond
2nd investment quick flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $11,000
Sale price: $49,900
I used a commercial loan and borrowed $41k
I only paid $800 Cash out of pocket on clos...
Nicole Far
HELP FROM LENDERS - NEED TO CLOSE BY THE 30th!!
Hey guys, was wondering if anyone could help us out with some advice. We have 25K in our account that we got from a personal loan and now we're 2 days from closing and our lender is saying that they can't count that m...
Alexandra Scardo
Logistics of using private money as part of the cash to close
Next week I have a tentative closing date on my first flip! I have a hard money lender and I’m using private funds from family as the cash to close. How do I actually move that money around? Should I have my private l...
Account Closed
How many ways can I structure a $28k BRRR SFH?
Hey there BP family. Normally I would never plan to take a loan for an investment. My wife and I follow the Dave Ramsey plan for Financial Peace and only purchase what we can afford. Our company business model seeks t...
Xavier Xthrax
loan from relative, Financing advice
I have a deal where a relative of mine sent me about 20k to buy a house for his son to go to school. The plan was I would assume the loan, he would donate the money, and would also receive interest in the property.I f...