Cyle Harris
Finding Private Money Lenders
I recently sold my first fix and flip and am looking to do a mixture of the BRRRR method and house hacking with my next deal. In my first deal, I used a mixture of personal loans and my own money to finance purchasing...
Blake Hrabal
What strategy would you take?
Hey BP. Pretend this is you,Your FICO credit score is 707.Your earned income from your day job is salary 85k yr b4 taxes. Saving approx $1.2k per month.You work a full time job, 7:30am-6pm, flexibility to take lunches...
Adam Vault
House Flipping with the help of a Real estate agent
Hi Community, I want to buy my first income property. My wife and I thought we would go the 'buy and rent' way. When we met with a potential real estate agent, he said he mostly does reno and flips with his dedicated ...
Noah Barba
Cash Needed at Closing
Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...
Ondrej Brown
How these number look ?
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Michael DeVane
HELOCs on Rental Properties
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
Shawn Thomas
Mortgage Lending Strictness
Looking into multifamily investing.. How strict are the mortgage lenders for that 80% of the purchase price? Are they very strict with making sure you & investors have enough Net Worth? Just want to have some sens...
Lynne Demond
Tenant hasnt paid April rent and not responding
I have rental properties in Indiana. I have a tenant who has not paid rent for April and is not responding to any communications. The other tenant in the building says she hasn't seen her in a couple of weeks. My q...
Ryan Jopson
Lenders offering secured LOC cross-collateralized among assets
Good Afternoon,
My self and a business partner own a portfolio of smaller multifamily properties (2-4 units). We are looking to expand operations and thus are researching the lending market for line of credit opport...
Steven Bates
Site selection for warehouse build
Need: Showroom, Large warehouse space (zoned I3 or industrial), possibly site selection person to help with this
Background: Amazon just moved in for HQ2, Microsoft is adding 1500 jobs, NOVA is steadily increasing in...