Michelle Norgren
Funding for my first flip
I am new to REI and looking to buy my first flip house. I am only 22 and only have 6 months of credit history so no score yet. I don’t qualify for traditional lending I without a co-sign and I don’t have a ton of liqu...
Lara N.
Investment strategies for cash purchase
I'm looking into investment property but cannot get a loan due to my tax returns. I may have access to cash but its only around $60-$100K.
This kind of money doesnt buy much real estate in the areas I prefer ...
Deborah Burian
Culling the herd... Choices for selling a home, input needed
There are worse problems to have, but we have ended up with more homes than we intended to, and it's the perfect opportunity to cull the herd.
I have a specific property in mind. It's a class B in an okay nei...
Ivan Oberon
Installment #11 Insurance Issues for The Real Estate Investor - Workers Compensation - Continued
Installment # 11 – Insurance Issues for The Real Estate InvestorWorkers’ Compensation – Continued Pertaining to hiring contractors and third-party service providers, be certain that they carry not only “General Liabil...
Aaron Rosenberg
Massive losses, no deduction. Can a CPA please say it ain't so?
In 2023 my five properties across two single-member LLC's had 7 tenants just decide not to pay rent, and 3 roofs had to be replaced. Thank goodness for tax deductions, right? Before I was in real estate my business ...
Robin Gravlin
Hard Money Crisis!! Help!!
Hello community and happy new year! I have a Hard Money loan that’s coming due with a balloon payment approaching mid March. I use the hard money for a Flyp I’m doing and unfortunately has come up with quite a few obs...
Adam Warchal
Firearms Lease Clause Example
Hoping to get help with finding a good, solid firearms clause to a lease. Have a tenant that’s about to begin a lease who has two handguns (works in law enforcement). Without starting from scratch, I’d love to see if ...
Michael Wentzel
How do I register a lien on a property for a private lender?
So I have had a few private lenders who just lend me money with a promissory note. That has seemed to worked quite well. But I am in discussion with a new private lender who would probably want a lien against the prop...
Stephen Stokes
Fannie Mae Cash Out LTV and Seasoning
Does anyone have a suggestion how to get around the Fannie Mae 6 month seasoning and 70% LTV requirements for cash out refinance on multi-fam? I have a duplex that am trying to follow BRRRR strategy but running into t...
Quaid Cde Baca
Your favorite Los Angeles mortgage lender referrals
Hey BP nation!
I'm new here (long-time listener, first-time caller, blah, blah, blah). I'm interested in hearing about the LA BP's lending experience/ recommendations are. I'm open ears, open messages, and ...