Account Closed
Fake reviews: Is this mortgage broker legit?
I found a mortgage broker online (on lending411) as I was annoyed with my national bank (which I found is being sued by the govt!) for giving me the run around and pretty much taking so long on my application.
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Jim Peckey
Going through Refinance on our 1st BRRRR - closing costs review?
Howdy folks,Greetings. We're wrapping up our first multi-family BRRRR project and finalizing the cash-out refinance process now. We're expecting to close next Monday and just received the closing disclosure statemen...
Justin Madison
High Income & No Debt, But No Bank Loan
I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...
Leo Maldonado
REI in Miami looking for Feedback on Business Credit
Hi Everyone! Very excited to see so many discussions about REI in Multi-family. I am a big believer that with hard work and the right mentality with good intentions, you will all find the success that you are looking ...
Derrick S.
Making MoHo's lendable
Simple thought; likely a simple answer.I'm in Alaska, and there are a good amount of mobile homes / modular homes/ trailer houses on land. These are almost always owner financed or cash-only, because they aren't "real...
Michelle Fortier
Private Lending with Multiple Investors
We are in a position where we can potentially raise more money to do investment deals, but had a concern about some objections we may face. The main objection is if we have to use multiple investors on deals and what ...
Christopher Bennage
A beginner with an opportunity to develop a small subdivision
Hello,First, my experience in real estate is currently limited to a couple of rental properties. So I consider myself a beginner.I have an opportunity where an old friend of the family, in his late 80s, had started to...
Karen Mills
Pre-Foreclosure Question Please help
Hey everyone I’m looking for help regarding a property that just came to my attention today. I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310...
Richard Xiong
To buy a 3plex or nah?
Hello BP members! I need your advice. I am a home owner and trying to transition into part time investor. I am thinking of purchasing a 3plex for $300k (market value $380k) in the Central Valley in California. 2 units...
Fan Bi
Appraisals and Refinancing in Providence/ Rhode Island
We just completed two refis in Providence but the appraisal didn't come back at the target and I'd love to hear any stories from local investors who've followed a BRRRR strategy. Hollis St - Realtor.com $207,000, Zi...