I am trying to arrange financing for my first REI, I will owner occupy the unit, it will be a multifamily house. I went through a short sale little over 2 years ago because of a divorce. I subsequently moved across th...
Hello Bp Family, I own a rental property free and clear. My question is should i do a cash out on this free and clear property to purchase another property and do the same thing over and over with cash out's. Or shoul...
What experience do you have with leveraging lines of credit with credit cards? How did you use it? If used as a private lender, please share your workflow.
Thank you Mary
Well I decided that I want to run but I cant crawl just yet. I need to figure out how to finance my first deal. So I will fill you in on my situation. I currently own a home with a FHA loan at 3.6% interest for 30 yea...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey all! This is my 2nd ever use of the calculator and I was wondering if you could help ...
Hey all-
I am 19 years old and looking to pick up 1-2 rental properties in 2014. I have owned a landscaping company for the past 3.5 years, and have grown it to net around 40k for 2013. However, I was unabl...
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $36,000
Cash invested: $12,000
Borrowed $30,000 from private investor, 12% interest annually. Exit strategy, refi and repay pri...
I am curious if anyone has ever used a private lender. My game-plan would be to BRRRR the property using a hard money loan or OPM and then cash out refi. Pretty basic. I “house hacked” my first home and basically fixe...
Investment Info:
Single-family residence note investment investment in Mesquite.
Purchase price: $225,000
Cash invested: $20,000
I bought this property with private funds at a lower interest rate, an...