Efrain Torrez
How do i protect myself when getting a Private Loan
I got approved for $250k @ 5% for 30 yrs by a private loan company. I now have to pay 2 points ($5k) for loan fees up front. Since everything was done online by email and a few phone calls I'm not sure if i should b...
Scott Kinsel
Owner Occupied Light Industrial Question
Good afternoon BP community. I am new to this platform, so I hope this is the right place for this question. I own a business that distributes out of 16 warehouses in the central United States. The warehouses we op...
Valerie King
Questions About BRRRR Strategy
After watching this week's BRRRR webinar, I'd like to get practice utilizing the BRRRR calculator with property for sale in my area. Here are my questions:-How do you estimate what the rehab costs will be? How on eart...
Preeti Sampath
Investing in Rental Property with a family loan!
Hey everyone! I am new to this website but I have been reading up on the books and these forums for my first rental property investment! I live in the amazing city of Denver but also an expensive city :/ So I have a f...
Corey Owen
Creative financing for multi family
I am looking to purchase an 8 unit apartment complex and recently was given what I believe is an excellent idea how to purchase for no money down. The problem is that I don't fully understand how to do it. The sugge...
Chandler Smith
Newbie first time home buyer.
Hello BP,I am looking to invest in my first house using a first time home buyer loan. I am approved up to $175k I need 1.5% down payment. My question is should I go for a more expensive house or go for a fixer upper? ...
Gaby Liu
$5800 closing cost for SFH $85k
Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...
Kyle M Miller
Using HomePath for a first investment property
Hi folks,I've been reading a bit about HomePath (by Fannie Mae) and trying to get a sense of what experienced investors think of it as a starting point for new investors.www.homepath.comWhy my wife and I are consideri...
Ray Jansma
Portfolio Loans with cash-out refi with no seasoning period?
I was wondering if anyone has a referral on any portfolio lenders that offer in-house(portfolio) loans that offer cash-out refinances of at least 70% LTV, AND have no title seasoning period like the standard FHA 6 mo...
Bill Hughes
Commercial vs Personal Loans
Hi all, I am just getting started in REI. I have a reno just completed and tenants ready to move in. I had planned to BRRR his one. I also just purchased a second home for reno that might be more qualified for a fl...