I am working to aquire a property through a land contract. Once the contract has been executed I would like to do a cash-out refi and compete the payoff. Can I do this after 90 days (seasoning)?Will lenders allow a ...
Hi Everyone, I have a property in Raritan NJ that needs some soffit and roof repairs in certain sections. I called a few roofing contractors in the area with good reviews, but they won’t even come out to quote anythi...
Howdy!!!This will be my first post on BP so please excuse any obvious issues. I finally saved up enough for 20% down on my first property and I plan to purchase a condo, do a live-in flip over the next year and then r...
Someone i work with is telling me he got approved for 150k on a home in our area. this is is first home. the home is a foreclosure. He told me the loan office said it should not be a problem getting this loan with ...
Hey,
So I have my Eyes on a property for a very low acquisition price. I can buy it cash tomorrow with no issue. Where the issue comes in is the Rehab costs. I will need about 70k to rehab the property and I can b...
Hi everyone,
I’m currently in the process of closing on two owner-financed small multifamily properties in Milwaukee, WI, which I plan to buy and hold. While I have the funds for the down payments, I’m in need of app...
now that I have my first deal under my belt (I like buy and holds) and having spent all disposable reserves on said deal, I am now researching a second deal and I am worried that it may take me a while to save up t...
My goodness have rates been off the hook lately. Working my butt off to refi out of a interest only I have and the rates are crazy. I'm looking at almost 11 percent on a 5 year ARM. WOWSERS! I have the option to roll ...
How can I buy a multi-family without using any cash or credit, and cashflowing. i live in south suburbs Tinley park ,Illinois and Im looking to purchase a multi-family building , live in one side and rent the other si...
Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...