Could someone describe to me how down payment assistance works? I saw someone advertising they needed down payment assistance funding.
The purchase price was $2.5 mil, the mortgage was $2.0 mil and the DPA was $500...
I received this from a friend of mine who is a health insurance expert. He is actually a member of a board that consults with the state of Nevada on health insurance issues, not just your typical salesman.
:cool:
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I have been reading through the forums and there has been some truly invaluable advice / moments therein. Thank you for your insight. I am now doing some legwork towards developing a property in rural Hawaii and I'm l...
I have a 4-plex in Hemet, CA. under contract for 100k. It needs around 10k of rehab to really make sparkle. It will rent conservatively for $550 per unit for each of the 1 bed 1 bath units. I am not a great numbers ...
Most of the ads seem to say most HMLs will lend 65% to 70% LTV for rehab projects; but in reality, most of the quotes seem to be in the 35% to 40% LTV range. They often mention only funding 80% of both purchase and re...
Hello, I'm just curious if anyone has had luck with structuring a partnership for BRRR investing, especially in the S.Texas area. I'm intrigued by the idea of utilizing BRRR but I'd prefer to partner with someone who...
Hello,
I'm currently married and my partner and I currently have $70k saved. We live in the Los Angeles area and not sure how to get started. In this area I won't even be able to put a 20% down with that. We are bles...
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...
I need help i been trying to make my first deal with a hard money lender but what stops me is when they ask for a contract of the home or a purchase contract. What do they mean by that?
I am looking for my first deal on a single-family home to rent out and personally manage. I am planning on putting 30% down on a home around $100,000 - $110,000 with a 10-year mortgage that I can rent out for about $...