A hard money lender stated they need property to be under “contract” before loan can be made to us. This is a buy & hold play for our first investment. Please share what is meant by under contract, and other quest...
Investment Info:
Single-family residence fix & flip investment in Bend.
Purchase price: $275,000
Cash invested: $18,500
Sale price: $325,000
This was my first home purchase. I house-hacked du...
I was thinking of using a Hard Money Lender specifically one called Do Hard Money. Any good or bad experience with hard lenders in general. It almost seems too easy so I am hesitant of it. I know the obvious downfal...
Hey everyone if interest rates keep going up if too high refinancing wont work? means the BRRR method wont work anymore?
Hello Everyone,I came across a great property in the Pittsburg, Pa area and am close to making an offer. Since this is my first purchase I'm working with a buyer's agent who (I assume) will be the primary contact betw...
I currently have a 30 yr fixed at 3.75%. I want to refinance my current 4-plex to purchase another building. The loan I'm being offered now is 3.875% Term:5yr fix due in 30. The rate cannot increase more than 6% perce...
Hi BP,Just looking for the communities opinion on the strategy of using private money in order to buy a rental property with no money down. I am blessed to have a potential connection to a private lender who may lend ...
I have a purchase contract for a property Subject-To existing financing. The contract states that this is how the property will be purchased. Now, the seller doesn't want to do that. They backed out, and said I can on...
I see a apartment complex for sale for 4.5 million. Is close to a major university. This my first time can I get a walk through on what to look for and how to get the ball rolling. Thanks in advance for your time
Hi all,I am interested in making my first purchase in Houston, Texas. This is a foreclosed multi family home which needs quite a bit of work, so I am hoping to apply the BRRRR strategy. I am from out of state and will...