Rich Hupper
FHA Loans for BRRRR strategy
Hi BP I recently heard a story about someone buying a 2 family with a 3.5% down FHA. After about 8 months they refinanced. They then took the money they cashed out from the refinance and used it as the 3.5% down with ...
Tony Thomsen
South St Paul, MN - first multiplex contract for Deed
I’m developing cold feet
A contract that favors the seller and a standard Minnesota contract for deed.
The roof of the 4 Plex worries me and any repairs done to the property is mine to do at contract signing.
The...
Nelson Mendes
A Possible Private Money Lender Questionnaire!
I recently found a private money lender with the potential of funding my real estate deal in which is in its early stages. I've been on this real estate investor student path for a while now facing the first time inve...
Matthew Spaulding
Refinancing Private Money Lending
Im interested in using a private money lender to purchase a foreclosure. We'll say for roughly 100k. once i have a loan theough a private money lender, can i refinance using a more tradition style loan and lender such...
Nick Diecidue
Newbie Help on Rental Property and Becoming a Landlord
Hey BP Members!My wife and I are newbie's and are looking to start our road to financial freedom. We currently live in Metairie, which is a suburb in New Orleans, and are currently looking to put an offer on a duplex ...
Denise Fitzgerald
Should I refinance a 15 year to a 30 yr to gain cash flow wAirbnb
I currently have a 15 year mortgage on a rental home I bought 8/1/16. My rate was 3.25% I have a renter in the home and I just break even every month. When I bought the home I was not interested in cash flow, just p...
Dave Kansagor
Leery, but should I be? First time multifamily opportunity.
I am looking at a potential investment property which would be #2 for me, but my first multifamily. It has a good cap rate. The property needs some work and certainly isn't up to my standard of living, however there h...
Frank Z
How Low Until It's Insulting?
Long story short, I'm looking into my first foreclosure purchase to rehab and flip. This is all hypothetical because I don't even know if I'll be making an offer yet.
Potential property is listed with an agent I'm f...
Frank Adams
New guy in Texas
Hi all;
Just found out about this site the other day. Looks to be pretty good, I'm all for helping each other around the problems in life. I have 25+ years as a landlord and have been seller financing my own deals fo...
Account Closed
HUD Houses
I keep hearing that you can purchase real estate with no money down. For someone who has NO MONEY, how can you purchase a HUD when from my understanding most hard money/private lenders will not loan to individuals...