This is my first post, besides my member intro, and I'd like to share my first and current situation. I am due to close on my first property and wish I found this site before I even started looking. Not to say I'm fee...
Hi everyone,
So here is the situation. I have a HML that is willing to loan 100% of everything (purchase, rehab, closing costs, points, interest) up to 70% LTV based on ARV.
My question is, working with homes with ...
Good morning all, It’s a slow day at work and I’m looking at my finances to be able to buy a property soon. I am 19 so I have some time but I am struggling to save money to pay for a down payment but want to invest qu...
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
I own a bunch of rentals free and clear, and I'm looking to free up some cash so I can buy a few more. I'm looking into blanket loans -- one loan for multiple properties. I figure this will save me some closing costs....
Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...
I'm interested in learning on how to take the steps into lending money and being paid back the money with interest. How would I go about this? I kind of want to become a private lender to others rather it be for real ...
Is a non-recourse portfolio loan a thing? I am asking because I have a few buildings that we purchased using normal bank financing which that we would like to transfer into a portfolio loan. I know non-resource only a...
Hi Everyone,
I am looking to use my VA loan to purchase a condo/house with an assumable mortgage. I am searching in San Diego and Orange County areas. Does anyone have any recommendations for a real estate agent that...
Okay, wow... Where do I even start. Originally BP started as a place to help me expand my knowledge and further my career in REI. Now, I am reaching out for help regarding my OWN home. In 2012 - I bought my house for...