Allen B.
1031 confusion re: credits
I've run into some confusion at the last moment with my 1031 exchange and was hoping to get lucky and catch someone who knows the right answer.In short, I've got a settlement statement for an occupied multifamily prop...
Sawyer Dina
Financing Ideas for a Unicorn of a Deal -- THANKS!
Here's the Deal: We picked up a flip for $72,500 and the neighbor wanted to buy it off of us. His motive is to move his parents into this house because they are sick.We have a signed purchase contract for $115,000 wit...
Sangam Baligar
Struggling to hit my goal of one-rental Investment a Year-- Need Ideas and Inputs
Hello BP Friends,In early 2020, I set out a goal to purchase at least one property a year either through house hacking or through a good positive cash-flowing (CF) MFU.I managed to do that for the past three years; an...
John Nguyen
1031 Exchange - Fail to Purchase All Identified Properties
Hello everyone, Hope if anyone could help me with this situation.First-timers doing 1031 exchange. My brother and I sold a rental property for$345,000 in August 10. Purchased at $220,000.Sold $345,000Fir...
Lesley J.
HML for Wholesaled Deal
I have not had any problems with HML's until I ran accross this.
The property has a formally appraised ARV of 170K, loan needed 55% of ARV (this includes all repairs). the HM...
Henry L.
Homestyle Loan Worries
Hello BP,I have been looking into flipping homes and want to take that step. We feel our best option is the Homestyle Loan. But we have a few questions. 1. About possibilities of approval. 2. Receiving adequate fundin...
Jeremy Reynolds
Hard Money to assist with Purchase 30 day term
Hello, I am a Real Estate Agent and Investor in Myrtle Beach, SC. I am looking for assistance to purchase our 2nd investment property. We have the ability to go conventional as far as funding and lender approval. ...
Isaac Ramos
Transactional Funding or Hard Money?
Hello,I'm recently gotten a property under contract at $80,000 with an ARV of $110,000, it needs very minimal repairs (paint, carpet, etc.). Furthermore, I've found a (traditional) buyer who's highly interested in th...
Bernie Huckestein
Advice to secure property while setting up SDIRA
I have an opportunity to purchase a Single Family Residence which aligns with some solid investment return. I can purchase myself directly securing financing via my local bank; however, I'd rather purchase inside a S...
Jake Baker
How to find Private Money?
Hey BP,We do a lot of flips and BRRRRs in Jacksonville FL and San Diego CA. We have a pretty good system right now where we fund with a
combination of Hard Money and Private Money.Hard Money will fund
90% of the pur...