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Hello all. I am struggling to get a deal done. I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income. I considered starting out house hacking a MF, but it will only increase my monthly expenses, n...
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I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...
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Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...
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I've done a traditional loan to my personal name and I've done a straight commercial/business loan (5year) to an LLC for a multi family but I've never pursued a fixed rate longer term note to an LLC. I have a single f...
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Hello - I am working on getting back into real estate/investing, and I have a 6 figure short term hard money loan I want to fund for a developer who needs extra capital for some unforeseen problems with prepping the d...
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Good morning everyone,
I bought my first prooerty cash and in the processs of trying to rent it out. But my question to everyone is, I tried filling out mortgage app to get my next property and from what ther...
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I bought an STR late last summer with a partner and have been running it successfully through AirBnB and VRBO since mid-Oct. We bring in about 10k a month. Lending markets have been all over the place, I put a short t...
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I keep seeing people say that they buy using seller financing. I totally understand the potential benefits of that. What I don't understand is the dirty details that they're using to accomplish this. I have a few q...
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I have two properties with a partner. I'm looking for a cash out refi to put our money to work again. However, I've been told that to get a 75% LTV, I couldn't refi the properties under our LLC. With just two properti...
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What is Hard Money & Why Would You Use it?A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives fu...