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Hello Everyone,Although my message is long one, I would still like to kindly ask you to please, whenever you are available, read entire one. Typing everything needed is the only way to express what I am looking for. E...
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I'm a buy and hold guy with 42 units and I've built my portfolio by purchasing with no-money/low-money down land contracts and eventual permanent financing from my local bank. The process for how I structure my deals ...
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Hello all!I've recently had a couple forum posts regarding hard and private money financing, then financing into a mortgage, for a rental. I've slowly been learning both avenues and hopefully I'll have a better grasp ...
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Hey BP community,An interesting opportunity just came my way and I am having trouble analyzing this deal and deciding if it is the best usage of my capital. Here is the scenario (I will try to make it as concise as po...
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Hello,
My soon to be ex husband and I have a situation. We have our first house and bought a second home last year. The first house was swiftly rented out, but the rental payment does not cover the mortgage payment...
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Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
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I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
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I'm looking for some advice here. We're selling our house and have been in escrow for 31 days now. The contract states 18 days for financing contingency removal.Basically the buyer's mortgage broker and the bank (Chas...
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I am going to put an offer in on a 16 unit for $500k. The property just came back on the market and i would think the seller would want to see a prequalification or preapproval letter from the local bank I've been ta...
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Does anyone have actual use with this? I understand the overall process, whereby the A to B close is funded by X company for a small profit. It allows the B to C close to happen. However, I'm getting mixed messages ab...