I just refinanced on a home to pretty much pay off my 13% HELOC and I will have 122k (after they pay off all my mortgages and HELOC). I would LOVE to buy another home at the end of they year and do a fix and flip in...
The couple claims to be married and the wife says she's been a SAHM for 10 years but a quick internet search shows them having seperate addresses 2 years ago. I'm concerned that if the kids are hers, they're really n...
As a new investor looking to lease purchase properties to potential home owners I am so glad that I invested in a professional tenant screening service to find the best possible candidates. Here's my story of how I al...
I am in the sale phase of a flip. I’ve had 17 showings but zero offers after seven weeks on the MLS. I have a potential offer but the buyer wants an FHA loan with only 3.5% down. Problem with that is the propert...
I understand the need to joint venture. I understand the value in that. That being said id prefer to go solo. Something about bringing someone i dont really know scares me a bit. Difference in work ethic, personality ...
We have fortunately had an opportunity to purchase multiple homes off market that we plan on flipping. We have multiple investors for each project. Our initial plan was to create an LLC for each project, open a chase ...
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Hi everyone from BP,Here is the description of the house:Bungalow235k, I will need to assume his mortgage (219k)13 rooms (I can add maybe 2-4 rooms)42k revenue (I can boost it to 46-50k)This house has all the permit a...
I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.Does anyone know of lenders tha...
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...