Shannon McKenna
Where to Focus First: the Deal Chicken or Funding Egg?
I need a bit of direction. I am a little newbie searching for my first deal, which will also be my first ever real estate purchase... a place I can "house hack" as I build up income for my second deal. I am looking f...
Gp G.
1900's multi family small unit in pittsburgh PA area
hi,I am on due diligence period with one property built around 1900's almost 120 year old for around couple of hundred thousand dollars. During inspection lot of issues are showingMajor Repairs:Rear Fire escape damag...
Brendan August
CARES Act 401k Loans
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
Christopher Dunson
Private Lending Procedure/Docs.
I received a call from a loan officer today looking for alternative financing options for his client. From what it sounds like to me, this person owns a few properties free and clear, and is qualified and closing on a...
Scott Long
Newbie strategy question & Account for Alexandria VA Rochester NY
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Jarret Durst
Why minimum of 75k loan?
So I’m under contract for a property that I’m getting for 40k. I’m waiting on an estimate now from the GC. The estimate could come back below 75k. The problem is I’m only seeing hard money lenders offering no less tha...
Kionnon Harris
Hard money lender advice
Hi, I'm a new investor and I have been looking into hard money lenders for my first flip. I spoke with a company and they stated that for first time borrowers they would require a down payment of $10- $20 thousand dol...
David B.
How to use a million dollar line of credit…
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
Nate Pummel
How should I be looking at a BRRRR deal?
Hi everyone! I'm looking for some guidance regarding how to truly evaluate a BRRRR deal. I have a deal I'm evaluating that is an 11% CAP, $260/month cash flow with a cash outlay of $15k before I refinance. I plan to d...
Michael Junior
Wholesaling a note ? Is this a thing ?
So my cousin is a lender, had a client call him. She has a property in Oregon, she bought with a hard money lender. I'll keep it short. Basically she is in default with the hard money lender, he wants to foreclose on ...