I am doing a modular build in the mountains of Colorado. As background, I subdivided my lot into tow lots and during this process which occurred last year also informed the town that I would be building one home on ea...
I’m buying this house for 40k. Just about any lender I talk to says they will not do a Fannie Mae Homestyle loan (mortgage & renovation costs consolidated) unless it costs at least 100k. Would it be possible to pa...
A member of one of my REI groups posted this in the group page. Wanted to run it by BP to see if it passes the sniff test. Please all feed back is welcomed and I’m at no means endorsing this lender. I may use them bas...
I have a multifamily, and luckily both tenants stayed for two years, but the upstairs tenants are leaving. I found a new tenant quickly, but I'll lose a month's rent due to the transition. Is there a strategy to trans...
I lifelong friend has been renting his house here in Illinois for the last 5 years but lives in Arizona. He is willing to sell me his Illinois home for cost. He's currently checking with his mortgage company to see ...
I'm having a hard time understanding the Pro Forma Cap Rate in the Rental Property Calculator. I have a property that I'm looking at and the pro forma cap rate comes out to about 8.26% with my after repair value at $...
Hello! Has anyone heard of charging a fee to the owner for assisting in a refinance? The fee would be for providing the lender with documents, collecting estoppel certificates from tenants, meeting and assisting the a...
We are needing to set up a corporation for house flipping and possible apartment houses and maybe commercial properties. How does one go about this, what is the best way to set it up and what are the normal fees to do...
Hi! My name is Brittney, my husband and I are in the process of starting our own fix and flip investment but unsure how to proceed and get our first investor, preferable a private money lender because we dont have th...
Hey everyone! I'm very excited to say that next week Monday I will be going to see a property I'm considering for purchase for the first time! This is my first time going to see a house at all as I am a beginner, so...