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I notice that transactional lenders seem to charge about $3,000 to provide very short-term funding to do a double close. Since transactional lenders typically require an end buyer to be in place, it seems to me that ...
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Hi Everyone, anyone ever in a situation where the lender doesn’t give you 💯 of renovation cost and the project cost money, what do you do when you run out of money? How can I be creative will other hard money lender g...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $27,500
Sale price: $178,000
This is a 2 story 1800 sq ft house that had been let go to...
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Who are my opportunity zone experts? I have an opportunity to invest in a building/business in an opportunity zone in my hometown. I have some stocks to sell in early 2019 which will fund the purchase. How do I note t...
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Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
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Hello,I have a 5 unit multifamily in contract. I'm having a hard time finding financing because the rehab is more than the purchase price. The purchase price is 130k and needs 350k rehab. Can anyone send me in the rig...
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Hi!
Well, I closed on my first rental, and rented it a week later. Tenants are thrilled with the house, and I'm thrilled to have a full deposit and 1st months rent! It will cash flow $550 a month.
In the search for ...
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Hi Guys,Would it be possible for me to purchase a home with my Solo 401k, fix it up, then flip it to an LLC I use for my buy and hold rentals? Basically I would use the funds in the 401k to purchase my deals, fix the...
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Can you mortgage a property that is fully owned by your Self Directed IRA to buy more properties?
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Good afternoon all.I am currently shopping for lenders to fund my first duplex purchase. It is unoccupied and located in NJ. Credit scores for both myself and my wife are between 723 on the low end and 790 on the hi...