Kevin Coggins
RE Investment Loan - what kind of numbers are you getting?
Just went to a bank I found that does the type of loans (seems like most don't), and got the following numbers:Term: 10-15 Years (5/1 ARM I believe is what it's called, but the note is 5 yrs)Rate: 6.15% Downpayment: ...
Stephen Masek
Cities with Apartment Deals
We have 14 rental houses worth a total of $2,000,000 owned outright and $200,000 in cash. We are considering selling all of them and buying or building an apartment building this year. Many have appreciated signific...
Jay Hinrichs
Here is a PRIME example of those trolling internet and BP
For the education of the BP audience I responded to one of these two good to be true lenders that is trolling BP Facebook and many other sites. here is the reponse I got."Thank you for your interest. I assist real e...
Christopher Martin
Hard Money Lending
I have a close friend who is a contractor and flips houses. He has worked with other hard money lenders in the past. I have been wanting to invest in real estate and he suggested that I become a hard money lender. ...
Neerav Patel
renting home to company which rents to insurance claim people
Hi fellow BP members. Once again I am turning to your wisdom.I am a newbie and my first rental is on market for rental right now.I received an interesting call today from a property management company who exclusively ...
Alex Ng
Do we need loan insurance for Private Money
The Title says it all. Currently met lender who offers extremely good terms. 7% int only split over 2 years. He didn't ask for any upfront fees but does require payment for loan insurance. The loan insurance company ...
Grant Pope
HUD Accepts my offer and then takes it away
Hello BP,I have a scenario that just happened to me that has left me absolutely sick and I am looking for some advice.So I found a property that was a HUD owned property and was a really good deal. The asking price wa...
P.J. Bremner
BRRRR Ohio - Lenders or Credit Unions or Brokers, Oh my!
So I'm currently in negotiations with my first couple of properties in Ohio and I'm looking to implement the BRRRR strategy. I have a couple great candidates for property management, an awesome contractor and a very ...
Jeffrey Mark
Wholesaling to becoming a RE agent
Hello Everyone,
I have been wholesaling in the Maryland and DC area for the past year. However, my partner and I are interested in getting our real estate licenses in Maryland and DC. We would love to represe...
Donald Roy Scott
Need advice on purchasing off market properties without an agent.
I found what looks like a great deal on 2 off-market turn-key SF properties. I am residing overseas, so I can’t physically see the properties. Is it best to have my agent walk through them or coordinate a licensed i...