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I was curious about this company who is offering me 80,000-100,000 from a line of credit. My fee would be $8-9k which would be taken from the backend. So basically,they would approve me based on my credit score. Then ...
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Hi BP friends - I'm moving to San Diego for work and have been preparing and saving to start investing for quite some time. I have around $100k capital to invest, and I've prequalified for a loan up to $1.2m. Initiall...
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So I totally understand how to add value to a rundown property by doing the work myself -- it's good old-fashioned sweat equity (more properly termed "trading time for money.")What I don't understand is how it works t...
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Hi all,
Can anyone tell me which areas in Chicago are the high crime neighborhoods to avoid?
Thanks!
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Hello,I buy and hold properties, and I am trying to find a deal structure by which private money lenders would be interested in providing me long term funds at reasonable rates, as opposed to typical hard money (high ...
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Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank. Are they good? Are they pretty standard? This is my first time se...
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Has anyone here heard of or attend Nouveau Riche University? I talk to someone today about it and it sounded good but would like other opinions.
Thanks,
Scott
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Just a heads up, we had a NPL purchase deal with Granite this month with an accepted offer. We waited over 2 weeks for Chaz to get us a missing assignment to complete our due diligence. Just yesterday I was told that ...
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I recently went to a local REIA here in SC and Lima One was the guest presenter. Apparently they’ve experienced a lot of growth and tout themselves as the largest volume (or one of the) largest Hard Money lenders in ...
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Hi All, Im thinking of purchasing to buy and hold. Its a 3 fam. Two of the units have electrical heating. Ive read about the landlord pros and cons but was recently told that tenants will not want this rental because ...