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I know someone who will do HML quite a bit the past 5 years & then goes to a refi after 6 months - think of it as a short-term loan. He's very careful these will appraise out before he pulls the trigger. He has a ...
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I am seeing better opportunities for cash buyers and I actually have enough cash to do a deal. However, it would take most of my cash. I have no properties at this point so I would like to take advantage of the lo...
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I have a contract to purchase a REO property which has a number of existing violations which has a daily fine over years which is substantial (over 300K).
The fines/liens have super-priority and thus surviv...
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Hey everyone, I'm new here & couldn't really find the answer to my question(s) so hopefully I can get some feedback/pointed in the right direction.
Me & my friend recently started a company buying homes to le...
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So this is my situation, through my beginning marketing I ran into a gentleman that does a lot of property management and works with 3 millionaires investor friends that he brings in for bigger deals when he can’t do ...
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We just did an inspection on a quadruplex we were hoping to buy for our first deal. This is on the south shore of Montreal, and the property was built in 1945. The current owner wrote that there was no vermiculite in ...
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I am looking at multifamily investment opportunities in the San Antonio, Fort-Worth, and Austin areas. I am currently looking for a lender and I am wondering if it is advantageous to have a lender in each market.I ask...
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Hello! I have the 20% and 640 credit score for a conventional loan however I don't have the necessary income to get approved. With my current debt and a $500 mortgage I'd need to earn $28k annually and I make less tha...
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Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...
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I've formed a partnership for purchasing a property. My partner and I are trying to assign value and equity to each partner. It's our first time working a deal with a partner and both want to be fair without being ta...