Some years back I knew a private money lender who would work the following way:If and investor found a house which would make a good flip the private money guy would actually purchase the house himself as well as prov...
One of my most frequently asked questions is 🤔 "What are the most cost-effective renovation projects for rental properties?" It's a great question, and one that's important for any property owner or manager to conside...
HelloI am looking forward to buy a property and in the closing status. I am self employed and the income reported on the taxes does not allow me to qualify for a conventional financing. I am pursuing "bank statement l...
Greetings all!Apologies if the title or subject is a little confusing. New here and new to all things REI. Essentially, I currently live in NY with my wife. Her job requires us to live in NY. She wants to buy a prope...
I’m on naca mortgage since 5 years. I need to relocate on my job change. How does the soft second lien my mortgage works? And can anyone let me know how to get around on my second lien?
I plan to be buying a home here within the next month or so that I will be flipping. My current issue is how should I proceed with the loan type since I have few options:- I am active duty military and can utilize the...
Does anyone have experience with any of the FHA multifamily loan programs? If so what are some of the pros and cons? I never read anything about them on the BP forums.
Potential deal is an SFR that was built over top the border of two adjacent lots (original builder owned both). Assuming I can acquire both lots, here are the options I see along with ballpark numbers and time frame...
I have tenants that had a lease option which has expired. I allowed them to stay and continue to rent. I froze the option credit and offered to let them use the credit if they buy. If they don't buy they forfeit th...
Looking for creative options to make a deal work. Homeowner of SF home faced foreclosure and was able to get reinstated. He is a realist and knows he can not afford to remain in the home and he just wants out. He now ...