Question from a newbie here. How are people able to finance their ways to 100 units? Is this typically only possible with brrrr by refinancing your way after you force equity through major renovations? Is it possible ...
In need of some lenders for some loans. Thinking hard money/private lenders? Does anyone have any suggestions?
I'm working on short sale but the property has two mortgages, the second lien is a private holder that is not willing to make too much concession and want to protect their interest. have anyone deal with this issue.
I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks. I want to c...
Hi All,
Do some/most investors use the same lender time and time again if they have a good experience with said lender? i.e. do investors generally try to build a relationship with a certain lender and will this hav...
Hey All -
We just launched a brand new version of our Hard Money Lender directory - http://www.biggerpockets.com/hardmoneylenders - which currently has well over 100 lenders listed in it, and we're still entering new...
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
Looking to get a conventional loan of 40-60k with 10% down on an investment property in IN or TN. Credit is 750+. Anyone know who would do this?