Hey guys,Covid special here, I am in forbearance and my mortgage company is leaving notices on my tenants door saying we have gone to collections. The property is an owner occupied triplex in Kitsap county, WA under a...
Hi. I am currently unemployed and have my home on the market. I have very little equity in it and my loan balance is around $400k. It is one of the smallest, least expensive homes in a beautiful sought-after golf c...
Hello BP nation! How important is credit in regards to real estate investing? And also where can I find a credit repair personal?
Hello! Is having good credit important in investing or can you get by with ok credit? Also where can I get credit repair?
Both my private lender and myself are new to private money loans. What is the normal or recommended way to document the loan so that both the lender and the lendee (me) are covered? Is it a promissory note or...? I...
I see so many different methodologies that it's difficult to identify which makes the most financial and situational sense. So here goes...
I've got about 10K cash, excellent fico, great DTI. I earn about 80k betwee...
So I just won a house on Hudson and Marshall auction. The price was 206.500. The bank countered 207.600 I accepted. I am using hard money and got approved for rehab 30k plus cost of auction so im all in at 237,600....
I have an opportunity to provide a loan around 12k with an interest rate of 30%. The borrower has about 200k equity in his home. He has bad credit, and outstanding debts that he needs to pay (hints the loan for 12k). ...
I hv a house in Dallas, TX that I sold owner finance to a family for 180k.
They put down 20k and financing 160k with me.
My underlying loan is for 110k at 12% for 30yrs. (why so high? Let me tell u the story)
I b...
We build fourplex properties in Nevada and are changing our strategy from build to sell to build to hold long term. For the construction we use hard money and self fund. At completion we would like to refinance using ...