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NOT ALL HARD MONEY LENDERS ARE ALIKE! That is the first thing to remember when starting to shop for a lender. That’s right; you have to shop for a lender just like you shop for the right house. Some lenders may seem a...
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Im a first time investor and negotiating my first deal. the property I'm interested in, a 4 plex, original asking price 194,000. after a bit of back and forth and a renovations estimate of 13,000. my current offer is ...
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I am a realtor and I have a lease option on property and I am marketing for a tenant buyer to do a sandwitch LO. I have it on Zillow etc but also want to list it on the MLS as a rental (with option to buy) because I a...
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Hello BP.I am planning to make an offer on multifamily in NJ. The mortgage guy told me that no lender would offer me conventional loan as it is a multifamily and I am only putting 10% down. They minimum need 20% down....
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I'm a young guy who is looking to invest in real estate. I am eager to learn as much as possible to help myself. Goals will be reached, I just want to make smart decisions when it comes to real estate.
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I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:
Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...
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Hey everyone! Quite a noob here, hoping to practice and zero in on my abilities to crunch the numbers and analyze properties effectively. I'm aware that there are many more variables than just "mortgage payment compar...
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I was notified on Thursday 5/23 that the bank had requested my FHA Case ID# 3 days prior to the 3 year mark since my short sale. That in turn led to the bank determining that they were not able to finance a home loan ...
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I am in the process of helping out a potential investor in the design and construction of a few multi-family residential projects in Kansas City. I am being tasked with providing design input as well as all of the doc...
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Should I use my line of credit to buy my first rental property. Or should I use an outside investors money.I have $100,000 line of credit