Stuart Grazier
Private Lending Scenario with Question
Investor A has a fix and flip property and looks for private money to fund. Investor A is offering a 15% interest-only loan to Investor B.Investor B has private money to lend Investor A. Investor B lends money and exp...
Tarek Boulbol
Galveston Is really Growing & Real Estate inventory is shrinking
Hey! everyone, Look to invest in a Beach Condo, a heads up prices are rising due to low inventory. Some Condominium has not had the price increase yet, others you can see prices rising from 70K to 100+K. Here is Wh...
Mohhamed Syed
Quick question about FHA financing
Does anybody know what is the lowest amount I can get FHA financing for? Will greatly appreciate all replies.
Ray Southern
Seller lacks a P and L statement
Hi all,Not sure if this is the right forum to post.I'm doing homework on properties, and I keep getting to the point where I ask my Agent to get me an Profit and Loss statement on the property.9 times out of 10, I don...
Derek Daun
Making vacancy a contingency in an offer
I'm looking at a house that is currently rented, but so far the owners have not given notice to the occupants to vacate. I'm not sure if this is because the owners don't want to lose out on the rent checks while it is...
Andrew Yip
Room rentals and financing qualification consideration
Hi BPers, I m just wondering if any of you who lives in big cities and rent your rooms (through airbnb, craigslist, etc) are able to utilize the rent money as loan qualification.I live in a part of the city, where it...
Nigel Delaney
Is Well's Fargo Obligated to Give Preference to Owner Occupants f
Wells Fargo seems to pretend they give preference to owner-occupants, but this seems to be smoke and mirrors. In particular, there is an REO home for sale in my neighborhood that my wife and I would like to live in, ...
Jared Sorrentino
Wholesale a burned property
Hello all I am a new wholesaler working on a deal right now and i was hoping to get some advice on the risks involved in this deal. The seller is asking for 60k for the house as-is but it has come to my knowledge that...
Ken DeGraffenreid
Has anyone used DoHardMoney?
I'm looking for funding for my first flip. Has anyone used DoHardMoney. If so, what was you experience like with them? Other than the high origination fee, I'm gravely concerned about paying them $3K to get my first...
Justin Callaway
Creative Owner-Financing Question
I haven't been here in a long time. Also if this is in the wrong place, please move it.
I had a thought about creative financing. With Owner-Financing, how do you think it would work with downpayments? Most require d...