Hemanth Grandhige
Cash purchase and rehab - How do I refi?
My lender is telling me that since I own more than 4 financed properties he can only refinance the purchase price of the home and not cash out my rehab expenses. He seems to be knowledgeable and came recommended from...
Jay Helms
Paying for probate, as the buyer
Greetings BP! I'm getting creative on this one. I found a property that is need to go through two probates in order to have a clean title for sale (owner doesn't need the property nor has the funds to pay for the prob...
Corey Dutton
Private Money Lenders Poised to Fund SBA Loans in Limbo
Should Congress fail to raise the lending limit on the SBA’s 7(a) loans, the program will be out of money in August. Since no more loans could be backed by the program again until October 1st when the new fiscal year ...
Erik Schilling
Rezoning Commercial residential into 4 family
Hey BP,I have come across an interesting opportunity that I could use some experienced knowledge. The place I am looking at is currently zone residential / commercial (6 units). It needs a complete gut job for my pu...
Matt Holmer
When does seasoning peroid start?
My understanding is if someone was to purchase a property in cash, pay for the rehab out of pocket, and then look to do a cash out refinance into a conventional loan, there is a 6-12 month seasoning period. When does...
Mark Leclair
Forming an LLC for individual
Hey guys so I got a quote to form my LLC for real estate at 400-500 from an attorney. Of course just starting out we are all trying to cut some costs and save money for the business. Do you think I should do that or s...
Jocquinn Inmon
Starting Your First LLC
When setting up your LLC do you need to purchase a mailbox and address from the UPS Store or can you use your personal address?
Dwight S.
First Investment FHA/House Hack/Conventional
Ok so Im self employed (own a car dealership) for tax purposes Im not showing that much income (35K) or so. I have about 15K to put down on my first property was planning on using FHA for a multi family and house hack...
Jeff K.
Greensboro, NC BRRRR
Hello,I am currently live in the Raleigh area and am looking to invest in the Greensboro area. I was wanting to connect with some local agents to help with deal finding. I’m new to investing but serious and looking ...
Jacob G.
SBA Bussiness loan - how to prepare
I am trying to get an sba loan and I am trying to prepares all the things I will need in the process. Does anyone have a template of a business plan or any other documents I would need to get thru the process quickly?...