Account Closed
How the heck do you guys get all this money for multiple houses?!
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...
Ram Gonzales
Creating a debt fund for owner finance strategy
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...
Charlene Isoh
Looking to rebuild my team
Hi all, I currently have one real estate property in Cleveland Ohio (purchased in 2019) but have largely been out of the real estate game since COVID reared it's ugly head. I am looking to gradually start buildling my...
Romeo Sison
Finding a lender in Las Vegas
Hello everyone! I am looking to buy my first investment property in Las Vegas. I am in the process of looking for a good lender for my strategy. I want to house hack a 4-plex on an FHA loan for my first investment. Wh...
Joeseph Bivona
Private money structuring
My partner and I have a very full pipeline of deals coming up now with covid (hopefully) subsiding. We are quite liquid and have been able to fund our first few, but we're now wanting to invest our own capital into bu...
Vera Herlihy
definition of a couple of key terms I see over and over
Hi guys. I keep seeing to things and not sure what they mean. The phrase loan to value and cap rate. Can someone help? I searched for these terms and couldn't find them. Thanks,vera
Caleb Reits
Commercial Loans - are these easier than conventional???
Hi everyone! We are currently running into a financing issue. I work on contract and my boyfriend is 1099 so we're having a hard time getting our hands on a mortgage. We've been debating back and forth about how we we...
Alex R.
Financing with a short sale on your credit
Hello BP,I am interested in purchasing a duplex in Miami. My situation is as follows:My previous deals have been all cash but now I would like to finance my next deal.I have a short sale that closed early 2012. My cre...
Paul D.
Cash Out Refinance Reno Before 6 Months
Okay,
I got my first deal lined up. I am going to cash purchase a home for 40K and put 15K into it in renovations. Comps show it should on the low end appraise for 67K high end 73K. However, I want to cash ou...
Shara Carlton
How can I Close????
I put a bid in for a property and my agent just told me it was accepted. My original plan was to "Hack" it: live in one unit and rent out the other. However, I am not sure if I will have enough money to complete th...