Terms agreed in NJ yayy!! Agreed upon purchase price: 5% below list! Yayyy!Here’s my question: we plan to close 6/30 and move in and hold. PP: $515k + reno: $50k. I am putting 10% down. ARV: $600,000. This ...
According to FHFA - Borrowers with higher credit scores and larger down payments are going to be penelized with higher rates to subsidize higher risk borrowers. So everything you have been doing to save up, work for g...
Good Morning All, Hope the day is treating you well so far. I have been wholesaling real estate for a little over a year now and ready to take on a new venture in real estate investing. As I am starting out novice, ...
Hello BP!I am in the process of moving Sacramento, CA from San Jose, CA. I was wondering if there is any advice/guidance out there for the area for fist time home buyer. I would be working from home so there no speci...
Hi BP, I have a good amount of money from an inheritance. I want to get started in REI, but I have zero experience. I have learned a lot in the last month. I was thinking of finding someone to partner on a BRRRR with....
Hi Everyone,I'm currently in dilemma whether to do a cash-out refinance or a term loan refinance to close on a construction loan . Here are the details:
My current construction loan balance is $587KThe property va...
I’m brand new to this space so I apologize if this question is repetitive. I’m just starting on my real estate investor journey and looking to buy my first property in under 90 days. I have been looking at multi-famil...
When scaling a real estate investment business, there are several significant challenges that we had to overcome while getting to the 7 figure mark in holdings and roughly $10K net cash flow. Let me preface this to ev...
What are the advantages for doing Creative Real Estate financing? If I can get a personal loan from a credit union to put a down deposit on a property, Is that consider Creative Financing? Can I have list of all t...
I searched the forums and found a lot of people have questions about self-directed IRAs and for good reason, they are confusing! I read through about 50 posts but did not see the answer to my situation and I was hopin...