I was talking to mortgage company loan officer and I mentioned that I would be getting a private money loan from a friend for an investment property I’m looking to buy. She said that the bank will generally frown upo...

Hello all, this is my first post since I joint this awesome forum.After hearing a good number of podcast and reading in the forum. I finally made up my mind to try my first investment with BRRR strategy.My Q is: had I...

I'm currently looking at a 1 bd 1 ba 524 sq ft. It needs a little TLC but given the size of the house I can't imagine it being more than $20,000 in repairs. I plan on renting the property after the rehab. The purchase...

This might be a strange question to ask, but as a married couple am I able to buy rental properties in my name only? I think there are many pros and cons to this option but wanted to get input from others if they have...

Good Morning,I have brokered dozens of hard money loans over the last several years.  The last few years have changed significantly after the real estate bust in 2008.  I have clients asking all the time about how to ...

I'm trying to get a mortgage on my triplex.  I was referred to a mortgage broker in NYC, and I've been working with him.  Before I get to the point no return, I wanted to see if anyone here knows him, and has worked w...

Hi BP community,
My partner and i are hoping to purchase a short term rental very soon for the first time. My lender asked me how much we plan to put down for the purchase and as we understand it a vacation rental pr...

Sorry if this is tedious but wanted to lay everything out that may be pertinent. 
Bought a MHP back in December. Made money on the purchase as we bought it for the appraisal of the land only. The previous owner only ...

Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.

I just did this on another property - bought an...

Hi,  I'm flipping homes now and was just wondering if anyone who has any experience with hard money loans could give me a brief overview of the process as far as whether or not you need to get pre-qualified with a har...