Hello everyone! I recently watched episode #788 of the BP Real Estate Podcast, where Lamon talks about how his bank applied the equity in his first property to fund his second property.In summary (from what I gather):...
Anyone have suggestions for investor friendly lenders in Cleveland? I am having trouble getting a 20% downpayment for a duplex (most lenders I have talked through will only do 20% for single families, and want 25% for...
I'm just now at a point where i want to do my first flip. I want to start looking for hard money lenders before searching for a property. Does anybody have any recommendations for the DFW area in Texas. What should...
I'm submitting an offer on a duplex. The roof will need replacement in the next couple years.
Do you any of you reduce the selling price to account for this? By how much? I was thinking of deducting half the ...
I'm looking for a hard money lender with a 20 to 30 year amortisation that will allow the loan to be wrapped in an owner finance.
Hey BP,Newbie here looking to close my first two deals on two buy and hold duplexes. Ran into a hiccup when lender initially told me they would finance 85% of the loan now has changed to 75% but I only took out money ...
Hi All,I’ve got a cabin under contract in the smoky mountains that needs about 40k of work. I had planned to use a renovation loan to fund the remodel, but then talked to another lender who scared me out of it.I’m now...
I call myself "new again" because most of my real estate investing experience was between 2005-2010 as a real estate agent, landlord , and flipper. Fast forward to 2024...I closed on the latest rental 12/28/23 with my...
I’m looking to buy my second investment property using either a HELOC or HELOAN and would like advice on which route to take. I have an opportunity to buy a single family home right next to my first rental but don’t h...
I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal. A settlement statement was not provided or signed du...